Business Standard

Rane Brake Lining standalone net profit rises 53.11% in the March 2021 quarter

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Capital Market

Sales rise 25.08% to Rs 148.36 crore

Net profit of Rane Brake Lining rose 53.11% to Rs 14.27 crore in the quarter ended March 2021 as against Rs 9.32 crore during the previous quarter ended March 2020. Sales rose 25.08% to Rs 148.36 crore in the quarter ended March 2021 as against Rs 118.61 crore during the previous quarter ended March 2020.

For the full year,net profit declined 7.42% to Rs 31.80 crore in the year ended March 2021 as against Rs 34.35 crore during the previous year ended March 2020. Sales declined 10.03% to Rs 422.94 crore in the year ended March 2021 as against Rs 470.07 crore during the previous year ended March 2020.

 
ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales148.36118.61 25 422.94470.07 -10 OPM %16.1017.44 -14.2312.88 - PBDT27.4421.81 26 71.3670.98 1 PBT21.1514.35 47 46.9444.69 5 NP14.279.32 53 31.8034.35 -7

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First Published: May 17 2021 | 12:57 PM IST

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