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Rane (Madras) reports consolidated net loss of Rs 0.13 crore in the March 2017 quarter

Capital Market 

Sales rise 27.09% to Rs 314.15 crore

Net loss of reported to Rs 0.13 crore in the quarter ended March 2017 as against net profit of Rs 2.66 crore during the previous quarter ended March 2016. Sales rose 27.09% to Rs 314.15 crore in the quarter ended March 2017 as against Rs 247.18 crore during the previous quarter ended March 2016.

For the full year,net profit declined 60.85% to Rs 4.96 crore in the year ended March 2017 as against Rs 12.67 crore during the previous year ended March 2016. Sales rose 36.65% to Rs 1170.81 crore in the year ended March 2017 as against Rs 856.79 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales314.15247.18 27 1170.81856.79 37 OPM %8.159.01 -7.719.16 - PBDT19.4516.68 17 71.0260.88 17 PBT5.293.67 44 12.2819.97 -39 NP-0.132.66 PL 4.9612.67 -61

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

First Published: Wed, May 17 2017. 15:16 IST
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