Rane Brake Lining standalone net profit rises 28.04% in the March 2024 quarter

Sales rise 12.95% to Rs 186.22 crore

Net profit of Rane Brake Lining rose 28.04% to Rs 15.39 crore in the quarter ended March 2024 as against Rs 12.02 crore during the previous quarter ended March 2023. Sales rose 12.95% to Rs 186.22 crore in the quarter ended March 2024 as against Rs 164.87 crore during the previous quarter ended March 2023.

For the full year,net profit rose 20.38% to Rs 40.28 crore in the year ended March 2024 as against Rs 33.46 crore during the previous year ended March 2023. Sales rose 10.36% to Rs 660.83 crore in the year ended March 2024 as against Rs 598.80 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales186.22164.87 13 660.83598.80 10 OPM %15.1012.16 -11.419.41 - PBDT28.6120.98 36 77.4964.58 20 PBT22.3015.74 42 55.6544.58 25 NP15.3912.02 28 40.2833.46 20

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