During Q2 FY24, sales to OE customers grew 13% driven by strong sales to the two-wheeler segment. Sales to aftermarket customers grew 4% and EBITDA margin improved by 172 bps on account of higher volume and one-off provision reversal during this quarter, the company said.
Total revenue for Q1 FY24 increased by 7.9% to INR 153.1 crore compared to INR 141.9 crore in Q1 FY23.EBITDA stood at INR12.3 crore compared to INR 12.5 crore during Q1 FY23, a decrease of 1.3%, the company said.
Rane Brake Lining Limited, a leading manufacturer of brake linings, clutch facings and disc pads, has clocked an increase of 33.3% in net profit (PAT) at Rs 13.2 crore for Q3FY18 as compared to Rs.9.9 crore in Q3FY17.
Rane Brake Lining said that overall India OEM sales and aftermarket sales registered a growth of 16 percent and 29 percent respectively during the quarter
The company registered sales and operating income of Rs 111.68 crore for last quarter as against Rs 101.15 crore for corresponding quarter in 2014.
Rane Brake Lining registered sales & operating income of Rs.109.34 crore for the current quarter as against Rs.99.98 crore for the same quarter of the previous year
| Name | DIN | Designation | Date of joining | |
|---|---|---|---|---|
| Swaminatha Iyer Murali Prasad | 00001432 | samp@samserv.com | Director | 06 Feb,2008 |
| Lakshman Lakshminarayan | 00012554 | l.lakshman@rane.co.in | Director | 18 Jun,2007 |
| Ganesh Lakshminarayan | 00012583 | Director | 18 Jun,2007 | |
| Harish Lakshman | 00012602 | harish.lakshman@rane.co.in | Director | 22 Jul,2008 |
| Srinivasan Sandilya | 00037542 | ssandilya@eicher.in | Director | 06 Feb,2008 |
| Anilkumar Venkat Epur | 00202454 | anilepur@hotmail.com | Director | 06 Feb,2008 |
| Suresh Chandra Gupta | 02085068 | scgupta1@gmail.com | Director | 24 Mar,2008 |
| Ranjana Kumar | 02930881 | kumarranjana@hotmail.com | Director | 23 Jan,2015 |
| Kazuhiro Iwata | 06875329 | kiwata@nisshinboauto.com | Nominee director | 21 May,2014 |
| Vinay Lakshman | 07295820 | vinay.lakshman@rane.co.in | Managing director | 01 Oct,2015 |
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