Rane Holdings announced that the 88th Annual General Meeting(AGM) of the company will be held on 2 August 2024.Powered by Capital Market - Live News

Net profit of Rane Holdings reported to Rs 31.40 crore in the quarter ended March 2024 as against net loss of Rs 18.85 crore during the previous quarter ended March 2023. Sales declined 7.19% to Rs 870.19 crore in the quarter ended March 2024 as against Rs 937.65 crore during the previous quarter ended March 2023.For the full year,net profit rose 98.76% to Rs 123.77 crore in the year ended March 2024 as against Rs 62.27 crore during the previous year ended March 2023. Sales rose 0.61% to Rs 3529.82 crore in the year ended March 2024 as against Rs 3508.33 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales870.19937.65 -7 3529.823508.33 1 OPM %9.586.50 -9.119.08 - PBDT86.6954.42 59 321.77297.87 8 PBT52.0914.52 259 184.77156.14 18 NP31.40-18.85 LP 123.7762.27 99 Powered by Capital Market - Live News

Rane Holdings announced that the Board of Directors of the Company at its meeting held on 15 May 2024, has recommended a Final dividend of Rs.25 per share (i.e.250%), subject to the approval of the shareholders.Powered by Capital Market - Live News

Rane Holdings will hold a meeting of the Board of Directors of the Company on 15 May 2024.Powered by Capital Market - Live News

Rane Holdings announced that L Ganesh, Chairman, has informed that he is retiring as Chairman from the operating entities of Rane Group, effective from close of business hours on 31 March 2024 and he willcontinue to serve on the Board as a Non-Executive Director in these entities. He will continue as Chairman and Managing Director of Rane Holdings. Harish Lakshman will take over as Chairman of Rane Group, effective from01 April 2024, and will continue on the Board of Rane Holdings as Vice-Chairman and Joint Managing Director.Powered by Capital Market - Live News