Net profit of Sarup Tanneries rose 55.00% to Rs 0.31 crore in the quarter ended March 2007 as against Rs 0.20 crore during the previous quarter ended March 2006. Sales declined 10.30% to Rs 8.10 crore in the quarter ended March 2007 as against Rs 9.03 crore during the previous quarter ended March 2006.