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Rane Brake Lining standalone net profit rises 54.56% in the September 2020 quarter

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Capital Market

Sales decline 3.44% to Rs 105.34 crore

Net profit of Rane Brake Lining rose 54.56% to Rs 11.53 crore in the quarter ended September 2020 as against Rs 7.46 crore during the previous quarter ended September 2019. Sales declined 3.44% to Rs 105.34 crore in the quarter ended September 2020 as against Rs 109.09 crore during the previous quarter ended September 2019. ParticularsQuarter EndedSep. 2020Sep. 2019% Var.Sales105.34109.09 -3 OPM %19.3811.54 -PBDT22.6215.22 49 PBT16.668.94 86 NP11.537.46 55

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First Published: Oct 15 2020 | 2:13 PM IST

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