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Rane Brake Lining reports Profit after tax of Rs 142.74 Mln, in the March 2021 quarter

17 May 2021 Evaluate
The sales figure stood at Rs. 1485.64 millions for the March 2021 quarter. The mentioned figure indicates a growth of about 25.13% as compared to Rs. 1187.23 millions during the year-ago period.Handsome Net Profit growth of 53.11% reported above the corresponding previous quarter figure of Rs. 142.74 millions to Rs. 93.23 millions.The company reported a good operating profit of 276.89 millions compared to 218.27 millions of corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202103 202003 % Var 202103 202003 % Var 202103 202003 % Var
Sales 1485.64 1187.23 25.13 4233.90 4709.80 -10.10 4233.90 4709.80 -10.10
Other Income 38.02 11.26 237.66 114.20 104.51 9.27 114.20 104.51 9.27
PBIDT 276.89 218.27 26.86 716.10 709.88 0.88 716.10 709.88 0.88
Interest 2.38 0.13 1730.77 2.51 0.19 1221.05 2.51 0.19 1221.05
PBDT 274.51 218.14 25.84 713.59 709.69 0.55 713.59 709.69 0.55
Depreciation 62.88 74.62 -15.73 244.21 262.89 -7.11 244.21 262.89 -7.11
PBT 211.63 143.52 47.46 469.38 446.80 5.05 469.38 446.80 5.05
TAX 68.89 50.29 36.99 151.34 103.36 46.42 151.34 103.36 46.42
Deferred Tax -5.55 24.30 -122.84 -13.04 24.79 -152.60 -13.04 24.79 -152.60
PAT 142.74 93.23 53.11 318.04 343.44 -7.40 318.04 343.44 -7.40
Equity 77.52 79.15 -2.06 77.52 79.15 -2.06 77.52 79.15 -2.06
PBIDTM(%) 18.64 18.38 1.38 16.91 15.07 12.22 16.91 15.07 12.22
Peers
Company Name CMP
SamvardhanaMotherson 165.60
Tube Investments 2519.15
Bosch 48100.00
UNO Minda 1218.00
Bombay Burmah Trdg. 1435.30
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