Rane (Madras) standalone net profit rises 135.29% in the March 2018 quarter

Sales rise 28.84% to Rs 334.75 crore

Net profit of Rane (Madras) rose 135.29% to Rs 16.47 crore in the quarter ended March 2018 as against Rs 7.00 crore during the previous quarter ended March 2017. Sales rose 28.84% to Rs 334.75 crore in the quarter ended March 2018 as against Rs 259.81 crore during the previous quarter ended March 2017.

For the full year,net profit rose 102.32% to Rs 41.82 crore in the year ended March 2018 as against Rs 20.67 crore during the previous year ended March 2017. Sales rose 23.33% to Rs 1171.76 crore in the year ended March 2018 as against Rs 950.11 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales334.75259.81 29 1171.76950.11 23 OPM %12.4410.52 -11.4210.11 - PBDT37.7422.36 69 110.0871.59 54 PBT24.469.93 146 60.1926.30 129 NP16.477.00 135 41.8220.67 102

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