Rane Holdings, part of the Rane Group, today reported consolidated net profits at Rs 20.31 crore for the quarter ending December 31, 2010 up by 75.54% over the corresponding period a year ago.
The Chennai-based company reported consolidated net profits at Rs 11.57 crore for the quarter ending December 31, 2009, Rane Holdings said in a statement.
For the nine months ending December 31, 2010, consolidated net profits stood at Rs 74.42 crore as against Rs 30.08 crore registered during the same period of previous year.
Consolidated total income for the quarter ending December 31, 2010 grew to Rs 407.64 crore from Rs 253.36 crore during the comparable period last year.
For the nine month ending December 31, 2010 the consolidated total income stood at Rs 1,174.98 crore as against Rs 704.43 crore registered during the same period of previous year.