Rane Brake Lining announced the retirement of Ashok Malhotra, Non Executive - Independent Director, in accordance with policy of the Company effective from the closure of business hours on 08 October 2024. Powered by Capital Market - Live News

Net profit of Rane Brake Lining rose 70.46% to Rs 8.83 crore in the quarter ended June 2024 as against Rs 5.18 crore during the previous quarter ended June 2023. Sales rose 4.99% to Rs 159.93 crore in the quarter ended June 2024 as against Rs 152.33 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales159.93152.33 5 OPM %10.947.62 - PBDT18.0712.33 47 PBT11.967.20 66 NP8.835.18 70 Powered by Capital Market - Live News

Rane Brake Lining announced that the 19th Annual General Meeting(AGM) of the company will be held on 22 July 2024.Powered by Capital Market - Live News

Net profit of Rane Brake Lining rose 28.04% to Rs 15.39 crore in the quarter ended March 2024 as against Rs 12.02 crore during the previous quarter ended March 2023. Sales rose 12.95% to Rs 186.22 crore in the quarter ended March 2024 as against Rs 164.87 crore during the previous quarter ended March 2023.For the full year,net profit rose 20.38% to Rs 40.28 crore in the year ended March 2024 as against Rs 33.46 crore during the previous year ended March 2023. Sales rose 10.36% to Rs 660.83 crore in the year ended March 2024 as against Rs 598.80 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales186.22164.87 13 660.83598.80 10 OPM %15.1012.16 -11.419.41 - PBDT28.6120.98 36 77.4964.58 20 PBT22.3015.74 42 55.6544.58 25 NP15.3912.02 28 40.2833.46 20 Powered by Capital Market - Live News

Rane Brake Lining announced that the Board of Directors of the Company at its meeting held on 03 May 2024, has recommended a Final dividend of Rs.30 per share (i.e.300%), subject to the approval of the shareholders.Powered by Capital Market - Live News