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.
