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Rane Engine Valve reports standalone net loss of Rs 0.48 crore in the March 2021 quarter

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Capital Market

Sales rise 27.87% to Rs 96.54 crore

Net Loss of Rane Engine Valve reported to Rs 0.48 crore in the quarter ended March 2021 as against net loss of Rs 3.39 crore during the previous quarter ended March 2020. Sales rose 27.87% to Rs 96.54 crore in the quarter ended March 2021 as against Rs 75.50 crore during the previous quarter ended March 2020.

For the full year,net loss reported to Rs 6.09 crore in the year ended March 2021 as against net loss of Rs 16.34 crore during the previous year ended March 2020. Sales declined 14.61% to Rs 296.67 crore in the year ended March 2021 as against Rs 347.43 crore during the previous year ended March 2020.

 
ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales96.5475.50 28 296.67347.43 -15 OPM %5.995.95 --1.292.93 - PBDT5.091.35 277 -8.932.80 PL PBT-0.31-5.51 94 -31.93-25.29 -26 NP-0.48-3.39 86 -6.09-16.34 63

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First Published: May 19 2021 | 12:45 PM IST

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