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Rane Holdings consolidated net profit rises 98.90% in the March 2017 quarter

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Capital Market

Sales rise 22.64% to Rs 821.03 crore

Net profit of Rane Holdings rose 98.90% to Rs 43.56 crore in the quarter ended March 2017 as against Rs 21.90 crore during the previous quarter ended March 2016. Sales rose 22.64% to Rs 821.03 crore in the quarter ended March 2017 as against Rs 669.45 crore during the previous quarter ended March 2016.

For the full year,net profit rose 108.76% to Rs 136.82 crore in the year ended March 2017 as against Rs 65.54 crore during the previous year ended March 2016. Sales rose 23.65% to Rs 2926.00 crore in the year ended March 2017 as against Rs 2366.31 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales821.03669.45 23 2926.002366.31 24 OPM %12.3610.01 -10.589.74 - PBDT121.4062.57 94 318.35209.77 52 PBT86.5530.63 183 180.5795.93 88 NP43.5621.90 99 136.8265.54 109

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First Published: May 27 2017 | 11:01 AM IST

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