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Rane Brake Lining standalone net profit declines 51.75% in the March 2017 quarter

Capital Market 

Sales rise 7.87% to Rs 133.30 crore

Net profit of Rane Brake Lining declined 51.75% to Rs 4.41 crore in the quarter ended March 2017 as against Rs 9.14 crore during the previous quarter ended March 2016. Sales rose 7.87% to Rs 133.30 crore in the quarter ended March 2017 as against Rs 123.57 crore during the previous quarter ended March 2016.

For the full year,net profit rose 34.78% to Rs 34.72 crore in the year ended March 2017 as against Rs 25.76 crore during the previous year ended March 2016. Sales rose 8.67% to Rs 486.75 crore in the year ended March 2017 as against Rs 447.91 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales133.30123.57 8 486.75447.91 9 OPM %16.8913.16 -14.9612.15 - PBDT24.4117.85 37 76.5654.39 41 PBT19.4413.12 48 57.0735.48 61 NP4.419.14 -52 34.7225.76 35

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, May 18 2017. 15:56 IST
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