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Rane Holdings - Quaterly Results

04 Aug 2023 Evaluate
The sales is pegged at Rs. 255.40 millions for the June 2023 quarter. The mentioned figure indicates decline with the sales recorded at Rs. 291.20 millions during the year-ago period.Net profit of the cmpany stood at Rs. 59.80 millions for the quarter ended June 2023 a decline of -58.09% from Rs. 142.70 millions  in the same quarter last year.Operating Profit reported a sharp decline to 129.70 millions from 195.50 millions in the corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202306 202206 % Var 202306 202206 % Var 202303 202203 % Var
Sales 255.40 291.20 -12.29 255.40 291.20 -12.29 1176.60 888.00 32.50
Other Income 1.80 1.00 80.00 1.80 1.00 80.00 5.30 204.40 -97.41
PBIDT 129.70 195.50 -33.66 129.70 195.50 -33.66 719.30 744.60 -3.40
Interest 12.90 13.80 -6.52 12.90 13.80 -6.52 56.10 59.00 -4.92
PBDT 87.20 181.70 -52.01 87.20 181.70 -52.01 634.00 507.50 24.93
Depreciation 12.10 8.80 37.50 12.10 8.80 37.50 43.70 30.90 41.42
PBT 75.10 172.90 -56.56 75.10 172.90 -56.56 590.30 476.60 23.86
TAX 15.30 30.20 -49.34 15.30 30.20 -49.34 107.30 137.80 -22.13
Deferred Tax -0.20 -1.50 -86.67 -0.20 -1.50 -86.67 -4.50 -0.50 800.00
PAT 59.80 142.70 -58.09 59.80 142.70 -58.09 483.00 338.80 42.56
Equity 142.80 142.80 0.00 142.80 142.80 0.00 142.80 142.80 0.00
PBIDTM(%) 50.78 67.14 -24.36 50.78 67.14 -24.36 61.13 83.85 -27.09
Peers
Company Name CMP
Bajaj Finserv 1917.30
TVS Holdings 13000.05
Cholamandalam Fin. 1525.75
Altius Telecom Infra 175.00
Kama Holdings 2282.95
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