Rane (Madras) reports consolidated net loss of Rs 2.54 crore in the March 2022 quarter

Sales rise 22.74% to Rs 505.43 crore

Net Loss of Rane (Madras) reported to Rs 2.54 crore in the quarter ended March 2022 as against net loss of Rs 14.72 crore during the previous quarter ended March 2021. Sales rose 22.74% to Rs 505.43 crore in the quarter ended March 2022 as against Rs 411.79 crore during the previous quarter ended March 2021.

For the full year,net profit reported to Rs 10.66 crore in the year ended March 2022 as against net loss of Rs 61.14 crore during the previous year ended March 2021. Sales rose 37.44% to Rs 1741.92 crore in the year ended March 2022 as against Rs 1267.39 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales505.43411.79 23 1741.921267.39 37 OPM %5.322.14 -4.232.43 - PBDT27.215.85 365 59.8310.65 462 PBT5.87-12.14 LP -21.18-55.47 62 NP-2.54-14.72 83 10.66-61.14 LP

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