Rane (Madras) has reported results for third quarter ended December 31, 2021.
The company has reported fall of 64.09% in its net profit at Rs 7.71 crore for the quarter under review as compared to Rs 21.47 crore for the same quarter in the previous year. Total income of the company decreased by 1.23% at Rs 393.95 crore for Q3FY22 as compared Rs 398.85 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported net loss at Rs 4.31 crore for the quarter under review as compared to net profit of Rs 5.49 crore for the same quarter in the previous year. However, total income of the company increased by 1.22% at Rs 440.50 crore for Q3FY22 as compared Rs 435.21 crore for the corresponding quarter previous year.
