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Rane Holdings - Quaterly Results

08 Feb 2024 Evaluate
The Revenue for the quarter ended  December 2023 of Rs. 263.10 millions grew by 11.29 % from Rs. 236.40 millions.Good  Net Profit growth of 41.29% reported above the corresponding previous quarter figure of Rs. 74.60 millions to Rs. 105.40 millioins.Operating profit for the quarter ended December 2023 rose to 148.50 millions as compared to 119.10 millions of corresponding quarter ended December 2022.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202312 202212 % Var 202312 202212 % Var 202303 202203 % Var
Sales 263.10 236.40 11.29 1207.90 923.70 30.77 1176.60 888.00 32.50
Other Income 17.00 1.60 962.50 22.20 3.80 484.21 5.30 204.40 -97.41
PBIDT 148.50 119.10 24.69 833.60 594.10 40.31 719.30 744.60 -3.40
Interest 11.60 14.80 -21.62 36.40 43.40 -16.13 56.10 59.00 -4.92
PBDT 136.90 104.30 31.26 767.60 550.70 39.39 634.00 507.50 24.93
Depreciation 13.00 12.80 1.56 37.30 30.90 20.71 43.70 30.90 41.42
PBT 123.90 91.50 35.41 730.30 519.80 40.50 590.30 476.60 23.86
TAX 18.50 16.90 9.47 111.20 91.70 21.26 107.30 137.80 -22.13
Deferred Tax 0.30 -0.20 -250.00 -1.20 -4.00 -70.00 -4.50 -0.50 800.00
PAT 105.40 74.60 41.29 619.10 428.10 44.62 483.00 338.80 42.56
Equity 142.80 142.80 0.00 142.80 142.80 0.00 142.80 142.80 0.00
PBIDTM(%) 56.44 50.38 12.03 69.01 64.32 7.30 61.13 83.85 -27.09
Peers
Company Name CMP
Bajaj Finserv 1729.90
TVS Holdings 11885.75
Cholamandalam Fin. 1371.35
Altius Telecom Infra 179.00
Kama Holdings 2259.85
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