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Rane Engine Valve reports net profit of Rs 2.47 crore in the March 2014 quarter

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Capital Market

Sales rise 10.77% to Rs 70.79 crore

Net profit of Rane Engine Valve reported to Rs 2.47 crore in the quarter ended March 2014 as against net loss of Rs 3.31 crore during the previous quarter ended March 2013. Sales rose 10.77% to Rs 70.79 crore in the quarter ended March 2014 as against Rs 63.91 crore during the previous quarter ended March 2013.

For the full year,net loss reported to Rs 29.09 crore in the year ended March 2014 as against net loss of Rs 12.61 crore during the previous year ended March 2013. Sales rose 1.76% to Rs 259.14 crore in the year ended March 2014 as against Rs 254.65 crore during the previous year ended March 2013.

 
ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales70.7963.91 11 259.14254.65 2 OPM %16.952.33 -11.913.94 - PBDT8.800.40 2100 17.113.59 377 PBT3.80-5.23 LP -3.29-17.60 81 NP2.47-3.31 LP -29.09-12.61 -131

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First Published: May 20 2014 | 8:11 AM IST

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