Rane (Madras) standalone net profit rises 70.71% in the March 2016 quarter

Sales rise 8.13% to Rs 219.76 crore

Net profit of Rane (Madras) rose 70.71% to Rs 4.08 crore in the quarter ended March 2016 as against Rs 2.39 crore during the previous quarter ended March 2015. Sales rose 8.13% to Rs 219.76 crore in the quarter ended March 2016 as against Rs 203.24 crore during the previous quarter ended March 2015.

For the full year,net profit rose 13.26% to Rs 14.09 crore in the year ended March 2016 as against Rs 12.44 crore during the previous year ended March 2015. Sales rose 9.80% to Rs 829.37 crore in the year ended March 2016 as against Rs 755.32 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales219.76203.24 8 829.37755.32 10 OPM %9.9810.87 -9.099.08 - PBDT16.5417.98 -8 58.0453.49 9 PBT5.067.02 -28 18.6620.08 -7 NP4.082.39 71 14.0912.44 13

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