Rane Holdings Q3 net up 14% at Rs 11 crore

Company's consolidated net sales during the October-December period also increased 7.24%

Auto component maker Rane Holdings today reported 13.74% increase in its consolidated net profit at Rs 11.42 crore for the quarter ended December 2014.

The company had reported a consolidated net profit of Rs 10.04 crore in the same period of previous fiscal, Rane Holdings Ltd said in a filing to the BSE.

Rane Holdings' consolidated net sales during the October-December period also increased 7.24% to Rs 491.14 crore as against Rs 457.97 crore in the same period last fiscal.

Shares of the company were trading 1.50% down at Rs 622.05 per scrip during afternoon session on the BSE.