Net profit of Ramasigns Industries rose 61.11% to Rs 0.58 crore in the quarter ended March 2018 as against Rs 0.36 crore during the previous quarter ended March 2017. Sales rose 18.43% to Rs 35.21 crore in the quarter ended March 2018 as against Rs 29.73 crore during the previous quarter ended March 2017.

For the full year,net profit rose 15.56% to Rs 1.56 crore in the year ended March 2018 as against Rs 1.35 crore during the previous year ended March 2017. Sales declined 1.67% to Rs 124.68 crore in the year ended March 2018 as against Rs 126.80 crore during the previous year ended March 2017.

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The Board of Rammaica (India) at its meeting held on 22 March 2018 has approved the allotment of 8,65,000 equity shares of Rs 10 each to Pankaj Hasmukh Jobalia existing promoter of the company on preferential basis on conversion of warrants.

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Rammaica (India) will hold a meeting of the Board of Directors of the Company on 22 March 2018.

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Net profit of Rammaica (India) rose 6.67% to Rs 0.32 crore in the quarter ended December 2017 as against Rs 0.30 crore during the previous quarter ended December 2016. Sales declined 8.49% to Rs 28.01 crore in the quarter ended December 2017 as against Rs 30.61 crore during the previous quarter ended December 2016.

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