Rane Holdings reports consolidated net loss of Rs 22.32 crore in the March 2021 quarter

Sales rise 35.56% to Rs 670.14 crore

Net Loss of Rane Holdings reported to Rs 22.32 crore in the quarter ended March 2021 as against net loss of Rs 0.98 crore during the previous quarter ended March 2020. Sales rose 35.56% to Rs 670.14 crore in the quarter ended March 2021 as against Rs 494.35 crore during the previous quarter ended March 2020.

For the full year,net loss reported to Rs 50.57 crore in the year ended March 2021 as against net loss of Rs 2.72 crore during the previous year ended March 2020. Sales declined 5.58% to Rs 2034.87 crore in the year ended March 2021 as against Rs 2155.24 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales670.14494.35 36 2034.872155.24 -6 OPM %4.586.69 -4.156.59 - PBDT29.0732.48 -10 66.80119.76 -44 PBT-2.27-1.73 -31 -53.57-8.02 -568 NP-22.32-0.98 -2178 -50.57-2.72 -1759

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