Sales rise 20.65% to Rs 265.13 crore
Net profit of Rane (Madras) rose 70.59% to Rs 6.96 crore in the quarter ended March 2017 as against Rs 4.08 crore during the previous quarter ended March 2016. Sales rose 20.65% to Rs 265.13 crore in the quarter ended March 2017 as against Rs 219.76 crore during the previous quarter ended March 2016.For the full year,net profit rose 34.56% to Rs 18.96 crore in the year ended March 2017 as against Rs 14.09 crore during the previous year ended March 2016. Sales rose 16.46% to Rs 965.91 crore in the year ended March 2017 as against Rs 829.37 crore during the previous year ended March 2016.
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