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Rane Madras Q4 net loss narrows to ₹14.7 crore - The Hindu BusinessLine

Consolidated revenue grew 40.6% to ₹412.89 crore ....

Tamil Nadu , Rane Madra , Crane Group , Rane Madras , Rane Madras Limited , Auto Parts , Covid 19 , தமிழ் நாடு , றானே குழு , றானே மெட்ராஸ் , றானே மெட்ராஸ் வரையறுக்கப்பட்டவை , ஆட்டோ பாகங்கள் ,

Rane Madras Limited announces earnings for Q3 FY21

Rane Madras Limited announces earnings for Q3 FY21
Posted On:
2021-01-27 00:17:40
(Time Zone: Arizona, USA)
Rane (Madras) Limited (NSE: RML; BSE code:532661), a leading manufacturer of steering and suspension products and light metal casting components today announced its standalone and consolidated financial performance for the third quarter (Q3 FY21) and nine months (9MFY21) ended December 31, 2020.
Standalone Q3 FY21 Performance
- Total Revenue was Rs. 398.8 crore for Q3 FY21 as compared to Rs. 280.2 crore in the Q3 FY20, an increase of 42.3%.
- EBITDA stood at Rs. 50.8 Crore as compared to Rs. 24.6 Crore during Q3 FY20, an increase of 106.2%.
- EBITDA Margin at 12.7% for Q3 FY21 as against 8.8% in Q3 FY20, an increase of 395 basis points (bps) ....

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Rane Holdings Ltd increases stake in Rane Madras Ltd on conversion of warrants

Rane Holdings Ltd increases stake in Rane Madras Ltd on conversion of warrants
Posted On:
2021-01-07 04:34:32
(Time Zone: Arizona, USA)
Rane Holdings Ltd has acquired 11,61,440 equity shares of Rs. 10/- each fully paid up (3.10%) in its subsidiary Rane (Madras) Limited (RML) arising on conversion of balance outstanding 11,61,440 warrants out of the 17,42,160 warrants into underlying equity shares. The overall shareholding of the company in RML stands increased to 91,22,838 shares (66.52%).
Shares of RANE HOLDINGS LTD. was last trading in BSE at Rs.654.45 as compared to the previous close of Rs. 649.85. The total number of shares traded during the day was 1969 in over 268 trades. ....

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