Rane Holdings standalone net profit rises 131.82% in the March 2017 quarter

Sales decline 27.53% to Rs 7.74 crore

Net profit of Rane Holdings rose 131.82% to Rs 31.69 crore in the quarter ended March 2017 as against Rs 13.67 crore during the previous quarter ended March 2016. Sales declined 27.53% to Rs 7.74 crore in the quarter ended March 2017 as against Rs 10.68 crore during the previous quarter ended March 2016.

For the full year,net profit rose 39.86% to Rs 49.86 crore in the year ended March 2017 as against Rs 35.65 crore during the previous year ended March 2016. Sales declined 29.80% to Rs 16.91 crore in the year ended March 2017 as against Rs 24.09 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales7.7410.68 -28 16.9124.09 -30 OPM %187.47151.40 -234.42188.46 - PBDT40.6415.62 160 64.2244.05 46 PBT40.2115.34 162 62.8142.90 46 NP31.6913.67 132 49.8635.65 40

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