RANE (MADRAS) LTD.
P&L
Quarterly Consolidated
vs Q2 FY25
Rane (Madras) Limited Reports Q3 FY25 and 9MFY25 Financial Results: Total Revenue Increases by 0.2%, EBITDA and PAT Decrease
30 Jan 2025 · 30 Jan 2025, 06:25 pm
Summary
Rane (Madras) Limited, a leading manufacturer of steering and suspension products and light metal casting components, announced its standalone and consolidated financial performance for the third quarter (Q3FY25) and nine months (9MFY25) ended December 31, 2024. The company reported an increase of 0.2% in total revenue for Q3 FY25 compared to Q3 FY24. However, EBITDA stood at ¥240.1 Crore for Q3 FY25, a decrease of 20.5% compared to Q3 FY24. The PAT stood at ¥22 Crore for Q3 FY25, a decrease of 82.4% compared to Q3 FY24. The operating highlights for Q3 FY25 include a decline in sales to Indian OE customers by 4%, growth in export sales by 2%, and an increase in sales to Indian Aftermarket customers by 14%.
Key Highlights
- 1
Total Revenue increased by 0.2%
- 2
EBITDA decreased by 20.5%
- 3
PAT decreased by 82.4%
- 4
Sales to Indian OE customers declined by 4%
- 5
Export sales grew 2%
- 6
Sales to Indian Aftermarket customers increased by 14%
Management Comments
Harish Lakshman
The Board of Directors have approved the un-audited financial results (standalone & consolidated) of the Company for the quarter and nine months ended December 31, 2024. The Board has also approved the appointment of Mr. Harish Lakshman as Managing Director for a period of 5 years with effect from April 01, 2025.
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