Rane (Madras) standalone net profit declines 72.08% in the March 2015 quarter

Sales decline 15.09% to Rs 203.24 crore

Net profit of Rane (Madras) declined 72.08% to Rs 2.39 crore in the quarter ended March 2015 as against Rs 8.56 crore during the previous quarter ended March 2014. Sales declined 15.09% to Rs 203.24 crore in the quarter ended March 2015 as against Rs 239.37 crore during the previous quarter ended March 2014.

For the full year,net profit declined 25.86% to Rs 12.44 crore in the year ended March 2015 as against Rs 16.78 crore during the previous year ended March 2014. Sales rose 6.42% to Rs 755.32 crore in the year ended March 2015 as against Rs 709.75 crore during the previous year ended March 2014.

ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales203.24239.37 -15 755.32709.75 6 OPM %10.8712.08 -9.089.62 - PBDT17.9822.41 -20 53.4954.24 -1 PBT7.0210.18 -31 20.0829.11 -31 NP2.398.56 -72 12.4416.78 -26

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