RACL Geartech will hold a meeting of the Board of Directors of the Company on 14 November 2024Powered by Capital Market - Live News

RACL Geartech has received revision in credit ratings from CARE Ratings as under:Long term bank facilities (Rs 161.43 crore) - CARE A-; Stable (reaffirmed) Long term / short term bank facilities (Rs 166.50 crore) - CARE A-; Stable / CARE A2+ (LT rating reaffirmed and ST rating assigned) Short term bank facilities (Rs 9 crore) - CARE A2+ (reaffirmed)Powered by Capital Market - Live News

RACL Geartech will hold a meeting of the Board of Directors of the Company on 11 September 2024.Powered by Capital Market - Live News

RACL Geartech announced that the 41th Annual General Meeting (AGM) of the company will be held on 11 September 2024.Powered by Capital Market - Live News

Net profit of RACL Geartech declined 52.63% to Rs 4.15 crore in the quarter ended June 2024 as against Rs 8.76 crore during the previous quarter ended June 2023. Sales rose 23.09% to Rs 108.86 crore in the quarter ended June 2024 as against Rs 88.44 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales108.8688.44 23 OPM %18.2324.89 - PBDT13.3418.19 -27 PBT6.3511.65 -45 NP4.158.76 -53 Powered by Capital Market - Live News