Rane Brake Lining standalone net profit declines 8.54% in the March 2022 quarter

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Sales rise 3.17% to Rs 153.37 crore
Net profit of Rane Brake Lining declined 8.54% to Rs 13.07 crore in the quarter ended March 2022 as against Rs 14.29 crore during the previous quarter ended March 2021. Sales rose 3.17% to Rs 153.37 crore in the quarter ended March 2022 as against Rs 148.66 crore during the previous quarter ended March 2021.For the full year,net profit declined 14.87% to Rs 27.07 crore in the year ended March 2022 as against Rs 31.80 crore during the previous year ended March 2021. Sales rose 19.04% to Rs 503.47 crore in the year ended March 2022 as against Rs 422.94 crore during the previous year ended March 2021.
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First Published: May 18 2022 | 1:43 PM IST