Rane Madras has reported results for the fourth quarter and year ended March 31, 2018.
The company has reported over 2 fold jump in its net profit at Rs 16.47 crore for the quarter ended March 31, 2018 as compared to Rs 7.00 crore for the same quarter in the previous year. Total income of the company has increased by 18.16% at Rs 351.16 crore for quarter under review as compared to Rs 297.20 crore for the quarter ended March 31, 2017.
For the year ended March 31, 2018, the company has posted a rise of over 2 fold in its net profit at Rs 41.82 crore as compared to Rs 20.67 crore for the same period in the previous year. Total income of company increased 14.26% at Rs 1,242.95 crore for year under review as compared to Rs 1,087.82 crore for the period ended March 31, 2017.
