Rane (Madras) standalone net profit rises 317.01% in the December 2017 quarter

Capital Market 

Sales rise 32.86% to Rs 308.93 crore

Net profit of (Madras) rose 317.01% to Rs 14.22 crore in the quarter ended December 2017 as against Rs 3.41 crore during the previous quarter ended December 2016.

Sales rose 32.86% to Rs 308.93 crore in the quarter ended December 2017 as against Rs 232.52 crore during the previous quarter ended December 2016. ParticularsQuarter EndedDec. 2017Dec. 2016% Var.Sales308.93232.52 33 OPM %12.228.81 -PBDT32.1713.94 131 PBT19.762.88 586 NP14.223.41 317

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First Published: Tue, January 23 2018. 16:11 IST