Rane (Madras) has reported results for fourth quarter and year ended March 31, 2012.
On the standalone basis, the company has posted a rise of 50.50% in its net profit at Rs 7.48 crore for the quarter ended March 31, 2012 as compared to Rs 4.97 crore for the same quarter in the previous year. Total income has increased by 13.53% at Rs 181.69 crore for quarter under review as compared to Rs 160.03 crore for the quarter ended March 31, 2011
For the full year ended March 31, 2012, the company has posted a rise of 11.52% in its net profit at Rs 27.40 crore for the year ended March 31, 2012 as compared to Rs 24.57 crore for the same period in the previous year. Total income has increased by 14.81% at Rs 670.49 crore for year under review as compared to Rs 583.98 crore for the period ended March 31, 2011.
