Rama Petrochemicals turns black in Q4 with net profit of Rs 5.46 crore

Rama Petrochemicals has registered a net profit of Rs 5.46 crore for the fourth quarter ended March 31, 2012 as compared to a net loss of Rs 0.42 crore in the year-ago period. The total income of the company surged multi-fold to Rs 2.42 crore for the quarter under review as compared to a year ago period.

Rama Petro Chemicals was incorporated in the year 1985. It is engaged in the business of methanol, construction and fertilizers. Indo-Us Investment holds more than 20% equity in the company.