Ratnamani Metals & Tubes Limited has posted net profit of Rs 82.619 million for April to June 2006 quarter up by 103.2% YOY over Rs 40.640 million during April to June 2005. Its net sales also surged to Rs 880.899 million during Q1 of 2005-06 up by 60% over Rs 550.798 million in Q1 of 2005.

Ratnamani had achieved net profit of Rs 335.427 million over net sales of Rs 3191.259 during 2005-06.

Ratnamani started with SS tube making in 1985 at Mehsana near Ahmedabad in Gujarat and has expanded operations to include many more facilities for making large diameter pipes for various applications.