Rane Engine Valve reports standalone net loss of Rs 8.80 crore in the March 2018 quarter

Sales rise 6.28% to Rs 98.54 crore

Net Loss of Rane Engine Valve reported to Rs 8.80 crore in the quarter ended March 2018 as against net loss of Rs 0.28 crore during the previous quarter ended March 2017. Sales rose 6.28% to Rs 98.54 crore in the quarter ended March 2018 as against Rs 92.72 crore during the previous quarter ended March 2017.

For the full year,net loss reported to Rs 17.06 crore in the year ended March 2018 as against net profit of Rs 57.69 crore during the previous year ended March 2017. Sales rose 5.60% to Rs 368.48 crore in the year ended March 2018 as against Rs 348.93 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales98.5492.72 6 368.48348.93 6 OPM %1.3712.94 -3.716.44 - PBDT-0.1910.40 PL 7.8714.88 -47 PBT-8.153.50 PL -21.13-12.87 -64 NP-8.80-0.28 -3043 -17.0657.69 PL

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