Rane Madras Q1 results : profit at ₹3.41Cr, Revenue decreased by 11.27% YoY

Rane Madras Q1 Results Live : Rane Madras announced their Q1 results on 24 Jul, 2024, with a decrease in revenue by 11.27% YoY, amounting to ₹3.41Cr in profit.

It is important to note that Rane Madras had faced a loss of ₹14.47Cr in the same period of the previous fiscal year.

In comparison to the previous quarter, the revenue witnessed a growth of 0.71%.

The Selling, general & administrative expenses saw a rise of 15.55% q-o-q but decreased by 30.22% Y-o-Y.

The operating income showed a significant increase of 1352.63% q-o-q and 2941.18% Y-o-Y.

The EPS for Q1 stood at ₹2.12, marking a rise of 251.08% Y-o-Y.

Rane Madras reported a -1.86% return in the last 1 week, while showing positive returns of 9.83% in the last 6 months and 8.18% YTD.

Currently, Rane Madras holds a market cap of ₹1440.45 Cr with a 52-week high/low of ₹1023 & ₹603.55 respectively.