Rane (Madras) announced that the 20th Annual General Meeting(AGM) of the company will be held on 24 July 2024.Powered by Capital Market - Live News

Net loss of Rane (Madras) reported to Rs 9.37 crore in the quarter ended March 2024 as against net profit of Rs 9.54 crore during the previous quarter ended March 2023. Sales declined 16.61% to Rs 518.32 crore in the quarter ended March 2024 as against Rs 621.56 crore during the previous quarter ended March 2023.For the full year,net profit declined 89.94% to Rs 3.02 crore in the year ended March 2024 as against Rs 30.02 crore during the previous year ended March 2023. Sales declined 4.91% to Rs 2238.95 crore in the year ended March 2024 as against Rs 2354.44 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales518.32621.56 -17 2238.952354.44 -5 OPM %4.798.93 -6.537.75 - PBDT11.9451.23 -77 94.33166.72 -43 PBT-9.9822.96 PL 3.3070.12 -95 NP-9.379.54 PL 3.0230.02 -90 Powered by Capital Market - Live News

Rane (Madras) will hold a meeting of the Board of Directors of the Company on 9 May 2024.Powered by Capital Market - Live News

Net profit of Rane (Madras) declined 61.66% to Rs 9.09 crore in the quarter ended December 2023 as against Rs 23.71 crore during the previous quarter ended December 2022. Sales declined 10.66% to Rs 521.05 crore in the quarter ended December 2023 as against Rs 583.24 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales521.05583.24 -11 OPM %9.027.35 - PBDT33.7363.01 -46 PBT12.8838.46 -67 NP9.0923.71 -62 Powered by Capital Market - Live News

Rane (Madras) will hold a meeting of the Board of Directors of the Company on 25 January 2024.Powered by Capital Market - Live News