Rane Engine Valve standalone net profit rises 995.14% in the March 2015 quarter

Sales rise 170.25% to Rs 191.31 crore

Net profit of Rane Engine Valve rose 995.14% to Rs 27.05 crore in the quarter ended March 2015 as against Rs 2.47 crore during the previous quarter ended March 2014. Sales rose 170.25% to Rs 191.31 crore in the quarter ended March 2015 as against Rs 70.79 crore during the previous quarter ended March 2014.

For the full year,net profit reported to Rs 23.48 crore in the year ended March 2015 as against net loss of Rs 29.09 crore during the previous year ended March 2014. Sales rose 49.56% to Rs 387.57 crore in the year ended March 2015 as against Rs 259.14 crore during the previous year ended March 2014.

ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales191.3170.79 170 387.57259.14 50 OPM %5.4016.95 -7.6611.91 - PBDT5.588.80 -37 15.2417.11 -11 PBT-7.703.80 PL -13.12-3.29 -299 NP27.052.47 995 23.48-29.09 LP

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