Business Standard

Rane Brake Lining standalone net profit declines 8.54% in the March 2022 quarter

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Capital Market

Sales rise 3.17% to Rs 153.37 crore

Net profit of Rane Brake Lining declined 8.54% to Rs 13.07 crore in the quarter ended March 2022 as against Rs 14.29 crore during the previous quarter ended March 2021. Sales rose 3.17% to Rs 153.37 crore in the quarter ended March 2022 as against Rs 148.66 crore during the previous quarter ended March 2021.

For the full year,net profit declined 14.87% to Rs 27.07 crore in the year ended March 2022 as against Rs 31.80 crore during the previous year ended March 2021. Sales rose 19.04% to Rs 503.47 crore in the year ended March 2022 as against Rs 422.94 crore during the previous year ended March 2021.

 
ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales153.37148.66 3 503.47422.94 19 OPM %12.5616.14 -8.7714.35 - PBDT21.8827.46 -20 56.7571.36 -20 PBT16.3621.17 -23 35.3346.94 -25 NP13.0714.29 -9 27.0731.80 -15

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First Published: May 18 2022 | 1:43 PM IST

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