Rane Holdings standalone net profit declines 56.33% in the March 2018 quarter

Sales rise 44.83% to Rs 11.21 crore

Net profit of Rane Holdings declined 56.33% to Rs 13.89 crore in the quarter ended March 2018 as against Rs 31.81 crore during the previous quarter ended March 2017. Sales rose 44.83% to Rs 11.21 crore in the quarter ended March 2018 as against Rs 7.74 crore during the previous quarter ended March 2017.

For the full year,net profit declined 2.03% to Rs 48.79 crore in the year ended March 2018 as against Rs 49.80 crore during the previous year ended March 2017. Sales rose 91.26% to Rs 31.29 crore in the year ended March 2018 as against Rs 16.36 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales11.217.74 45 31.2916.36 91 OPM %158.52188.11 -194.54238.51 - PBDT17.1740.77 -58 60.0764.17 -6 PBT16.8840.34 -58 58.7962.76 -6 NP13.8931.81 -56 48.7949.80 -2

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