Rane Holdings consolidated net profit declines 32.94% in the March 2018 quarter

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Sales rise 6.86% to Rs 619.09 crore
Net profit of Rane Holdings declined 32.94% to Rs 28.71 crore in the quarter ended March 2018 as against Rs 42.81 crore during the previous quarter ended March 2017. Sales rose 6.86% to Rs 619.09 crore in the quarter ended March 2018 as against Rs 579.33 crore during the previous quarter ended March 2017.For the full year,net profit declined 2.31% to Rs 130.29 crore in the year ended March 2018 as against Rs 133.37 crore during the previous year ended March 2017. Sales rose 3.99% to Rs 2240.74 crore in the year ended March 2018 as against Rs 2154.75 crore during the previous year ended March 2017.
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First Published: May 08 2018 | 4:06 PM IST