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Remi Sales & Engg Limited
Sector:Others Others - Trading
Market Lot: 1Face Value: 10ISIN Demat: INE130I01010
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Business Profile
Remi Sales & Engineering (REMISIN), is a company trading in engineering products. Associate companies include Rajendra Electrical Industries, REMI Metals Gujarat, Rajendra Mechanical Industries, REMI Process Plant & Machinery, REMI Instrument, REMI Fans, REMI Real Estate, Rajendra Mining Spares Company, and Remi Securities.

Business activities included trading in scientific and laboratory instruments, electric motors, fans, nickle plates, and other products. Income was also generated as commission from the sale of wind power.

The registered office is at 14, Shah Industrial Estate, Veera Desai Road, Andheri (W), Mumbai-400053.

The company disclosed rise of 57.54% in standalone net profit on y-o-y basis to Rs 7.31 million, while total income increased 100.39% y-o-y basis to Rs 653.40 million for the quarter ended March 2013.

Recent Developments
Credit Analysis & Research (CARE) reaffirmed 'BBB-' ratings to Remi Sales and Engg's long -term bank facilities of Rs 67.5 million. CARE reaffirmed 'A3' ratings to the company's short-term bank facilities of Rs 16.5 million.

Remi Sales & Engineering reported a rise in standalone net profit for the quarter ended March 2013. During the quarter, the profit of the company rose 57.40% to Rs 7.31 million from Rs 4.64 million in the same quarter last year.

In Brief

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