Rane (Madras) reports consolidated net loss of Rs 14.70 crore in the March 2021 quarter

Sales rise 44.10% to Rs 411.79 crore

Net Loss of Rane (Madras) reported to Rs 14.70 crore in the quarter ended March 2021 as against net loss of Rs 17.31 crore during the previous quarter ended March 2020. Sales rose 44.10% to Rs 411.79 crore in the quarter ended March 2021 as against Rs 285.76 crore during the previous quarter ended March 2020.

For the full year,net loss reported to Rs 61.14 crore in the year ended March 2021 as against net loss of Rs 45.51 crore during the previous year ended March 2020. Sales declined 0.76% to Rs 1267.39 crore in the year ended March 2021 as against Rs 1277.08 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales411.79285.76 44 1267.391277.08 -1 OPM %2.141.05 -2.433.61 - PBDT5.871.92 206 10.6523.32 -54 PBT-12.12-15.67 23 -55.47-42.57 -30 NP-14.70-17.31 15 -61.14-45.51 -34

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