Rane (Madras) standalone net profit rises 70.59% in the March 2017 quarter

Sales rise 20.65% to Rs 265.13 crore

Net profit of Rane (Madras) rose 70.59% to Rs 6.96 crore in the quarter ended March 2017 as against Rs 4.08 crore during the previous quarter ended March 2016. Sales rose 20.65% to Rs 265.13 crore in the quarter ended March 2017 as against Rs 219.76 crore during the previous quarter ended March 2016.

For the full year,net profit rose 34.56% to Rs 18.96 crore in the year ended March 2017 as against Rs 14.09 crore during the previous year ended March 2016. Sales rose 16.46% to Rs 965.91 crore in the year ended March 2017 as against Rs 829.37 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales265.13219.76 21 965.91829.37 16 OPM %10.479.98 -9.889.42 - PBDT22.6316.54 37 70.3260.74 16 PBT9.865.06 95 23.6721.36 11 NP6.964.08 71 18.9614.09 35

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