Rane Brake Lining has reported results for first quarter ended June 30, 2013.
The company has reported 33.33% fall in its net profit after tax at Rs 2.44 crore for the quarter as compared to Rs 3.66 crore for the same quarter in the previous year. Total income from operations of the company has decreased by 6.03% at Rs 93.52 crore for quarter under review as compared to Rs 99.52 crore for the quarter ended June 30, 2012.
Rane Brake Lining, a Rane Group company, was established in 1964 in technical and financial collaboration with Nisshinbo Industries, Japan for manufacturing asbestos-free Brake Linings, Disc Pads and Clutch Facings, having application in every segment of the automobile industry.
