Rane Holdings consolidated net profit declines 32.94% in the March 2018 quarter

Sales rise 6.86% to Rs 619.09 crore

Net profit of Rane Holdings declined 32.94% to Rs 28.71 crore in the quarter ended March 2018 as against Rs 42.81 crore during the previous quarter ended March 2017. Sales rose 6.86% to Rs 619.09 crore in the quarter ended March 2018 as against Rs 579.33 crore during the previous quarter ended March 2017.

For the full year,net profit declined 2.31% to Rs 130.29 crore in the year ended March 2018 as against Rs 133.37 crore during the previous year ended March 2017. Sales rose 3.99% to Rs 2240.74 crore in the year ended March 2018 as against Rs 2154.75 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales619.09579.33 7 2240.742154.75 4 OPM %8.9411.08 -10.699.61 - PBDT91.09111.24 -18 339.04291.35 16 PBT57.1185.30 -33 221.30185.51 19 NP28.7142.81 -33 130.29133.37 -2

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