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Usha Martin has reported results for second quarter ended September 30, 2012.

The company has reported a net profit of Rs 6.47 crore for the quarter as compared to a net loss of Rs 71.80 crore for the same quarter in the previous year. Total income of the company has increased by 13.05% at Rs 774.92 crore for quarter under review as compared to Rs 685.46 crore for the quarter ended September 30, 2011.

Usha Martin is a major manufacturer of wire rods, bright bars, steel wires, speciality wires, wire ropes, strand, conveyor cord, wire drawing and cable machinery.

Peers
Company Name CMP
JSW Steel 1230.00
Tata Steel 179.10
Steel Authority 174.00
Jindal Stainless 732.40
APL Apollo Tubes 2119.90
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