Rane Engine Valve reports standalone net loss of Rs 0.48 crore in the March 2017 quarter

Sales rise 3.29% to Rs 94.25 crore

Net Loss of Rane Engine Valve reported to Rs 0.48 crore in the quarter ended March 2017 as against net loss of Rs 6.65 crore during the previous quarter ended March 2016. Sales rose 3.29% to Rs 94.25 crore in the quarter ended March 2017 as against Rs 91.25 crore during the previous quarter ended March 2016.

For the full year,net profit reported to Rs 57.06 crore in the year ended March 2017 as against net loss of Rs 12.54 crore during the previous year ended March 2016. Sales rose 3.44% to Rs 354.23 crore in the year ended March 2017 as against Rs 342.44 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales94.2591.25 3 354.23342.44 3 OPM %8.380.08 -6.051.07 - PBDT6.52-3.02 LP 13.90-7.61 LP PBT-0.38-10.08 96 -13.85-35.15 61 NP-0.48-6.65 93 57.06-12.54 LP

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