Rane Holdings Q4 results : profit at ₹31.4Cr, Revenue decreased by 7.19% YoY
Rane Holdings Q4 results : Revenue decreased by 7.19% YoY & profit at ₹31.4Cr
Rane Holdings Q4 Results Live : Rane Holdings declared their Q4 results on 15 May, 2024, with the topline decreasing by 7.19% and the profit reaching ₹31.4cr.
In comparison to the same period in the previous fiscal year, where Rane Holdings had reported a loss of ₹18.85cr, the current results show a significant improvement.
The company's revenue saw a growth of 3.96% from the previous quarter.
Selling, general & administrative expenses witnessed a decline of 2.74% quarter-on-quarter and 13.45% year-on-year.
Operating income also faced a downturn, decreasing by 28.18% sequentially and 21.01% compared to the same period last year.
The earnings per share (EPS) for Q4 stands at ₹26.18, marking a substantial 419.92% increase year-on-year.
Rane Holdings experienced a negative return of -2.46% in the last week, while showing positive returns of 1.7% in the last 6 months. The year-to-date return stands at -0.85%.
With a current market capitalization of ₹1819.42 Cr, Rane Holdings has a 52-week high/low of ₹1499 and ₹895.05 respectively.
Rane Holdings Financials
| Period | Q4 | Q3 | Q-o-Q Growth | Q4 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 870.19 | 837.04 | +3.96% | 937.65 | -7.19% |
| Selling/ General/ Admin Expenses Total | 112.76 | 115.94 | -2.74% | 130.28 | -13.45% |
| Depreciation/ Amortization | 34.6 | 32.1 | +7.79% | 39.9 | -13.28% |
| Total Operating Expense | 828.47 | 778.95 | +6.36% | 884.83 | -6.37% |
| Operating Income | 41.72 | 58.09 | -28.18% | 52.82 | -21.01% |
| Net Income Before Taxes | 45.07 | 58.78 | -23.32% | 3.49 | +1191.4% |
| Net Income | 31.4 | 38.96 | -19.4% | -18.85 | +266.58% |
| Diluted Normalized EPS | 26.18 | 27.28 | -4.03% | -8.18 | +419.92% |
Catch all the Business News , Corporate news , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.