Rane Holdings standalone net profit declines 56.33% in the March 2018 quarter
Sales rise 44.83% to Rs 11.21 crore
Net profit of Rane Holdings declined 56.33% to Rs 13.89 crore in the quarter ended March 2018 as against Rs 31.81 crore during the previous quarter ended March 2017. Sales rose 44.83% to Rs 11.21 crore in the quarter ended March 2018 as against Rs 7.74 crore during the previous quarter ended March 2017.For the full year,net profit declined 2.03% to Rs 48.79 crore in the year ended March 2018 as against Rs 49.80 crore during the previous year ended March 2017. Sales rose 91.26% to Rs 31.29 crore in the year ended March 2018 as against Rs 16.36 crore during the previous year ended March 2017.
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