Usha Martin PAT at Rs 13.10 cr

Specialty steel and wire rope manufacturer, Usha Martin, has recorded a turnover of Rs 800.59 crore in the three months ended December 31, 2010, an increase of 29.5 per cent over the same period last year. Profit after tax was at Rs 13.10 crore, a drop of 62.3 per cent. The performance was affected due to lower power generation and disturbance in movement of coal from captive mines.

Ratnabali Capital net profit at Rs 1.47 cr

Ratnabali Capital has registered a net profit of Rs 1.47 crore in the quarter ended December 31, 2010, compared to Rs 2.05 crore in the same period last year. Net sales for the quarter stood Rs 182.97 crore, as against Rs 128.34 crore.