Rane Holdings consolidated net profit declines 22.34% in the March 2016 quarter

Sales rise 0.32% to Rs 669.45 crore

Net profit of Rane Holdings declined 22.34% to Rs 21.90 crore in the quarter ended March 2016 as against Rs 28.20 crore during the previous quarter ended March 2015. Sales rose 0.32% to Rs 669.45 crore in the quarter ended March 2016 as against Rs 667.30 crore during the previous quarter ended March 2015.

For the full year,net profit declined 7.61% to Rs 65.54 crore in the year ended March 2016 as against Rs 70.94 crore during the previous year ended March 2015. Sales rose 8.59% to Rs 2366.31 crore in the year ended March 2016 as against Rs 2179.19 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales669.45667.30 0 2366.312179.19 9 OPM %24.1810.13 -9.7410.14 - PBDT157.4559.47 165 209.77197.28 6 PBT125.5122.64 454 95.9391.60 5 NP21.9028.20 -22 65.5470.94 -8

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