Rane (Madras) Ltd

Rane (Madras) will hold a meeting of the Board of Directors of the Company on 5 August 2025.Powered by Capital Market - Live

Rane (Madras) has entered into an agreement with Canopy Living LLP (A joint venture between Arihant Foundations & Housing and Prestige Estates Project) to sell 3.48 acres of land in Velachery. Total extent of land in Velachery is 4.50 acres and RML will retain the balance portion of the land, where a new office will be constructed. This land monetization will achieve twin objectives of reducing debt as well as integrating city offices of various divisions to further unlock long term cost synergies of the merger. Powered by Capital Market - Live

The board has given the approval to sell approximately 3.48 acres out of a total 4.5-acre plot located in Velachery, Chennai, to Canopy Living LLP -- a joint venture between real estate players Arihant Foundations & Housing and Prestige Estates Projects. This move comes after shareholder approval was secured in May 2025. The company has not disclosed the sale value or expected timelines for completion. Rane (Madras) is a preferred supplier to major OEMs and Aftermarket in India and abroad. It manufactures various automotive products, viz. steering and suspension systems, brake components, engine components, and light metal casting components. Its products serve a variety of industry segments including passenger vehicles, commercial vehicles, farm tractors, two-wheelers, three-wheelers, railways and stationery engines. On a consolidated basis, net profit of Rane (Madras) declined 39% to Rs 6.5 crore while net sales rose 6% to Rs 901.3 crore in Q4 March 2025 over Q4 March 2024. Powered by Capital Market - Live

Rane (Madras) announced that the 21st Annual General Meeting(AGM) of the company will be held on 5 August 2025.Powered by Capital Market - Live

Rane (Madras) announced that the Board of Directors of the Company at its meeting held on 27 May 2025, inter alia, have recommended the final dividend of Rs 8 per equity Share (i.e. 80%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Net profit of Rane (Madras) declined 39.41% to Rs 6.52 crore in the quarter ended March 2025 as against Rs 10.76 crore during the previous quarter ended March 2024. Sales rose 5.66% to Rs 901.34 crore in the quarter ended March 2025 as against Rs 853.09 crore during the previous quarter ended March 2024. For the full year,net profit declined 31.25% to Rs 37.65 crore in the year ended March 2025 as against Rs 54.76 crore during the previous year ended March 2024. Sales declined 1.65% to Rs 3405.75 crore in the year ended March 2025 as against Rs 3462.73 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales901.34853.09 6 3405.753462.73 -2 OPM %8.748.12 -8.287.75 - PBDT64.2955.78 15 223.21211.94 5 PBT28.7622.55 28 90.8980.05 14 NP6.5210.76 -39 37.6554.76 -31 Powered by Capital Market - Live

Total revenue increased by 5.8% year-over-year (YoY) to Rs 905.3 crore during the quarter. EBITDA stood at Rs 82.8 crore for Q4 FY25 compared to Rs 72.1 crore in Q4 FY24, an increase of 14.7%. EBITDA margin was at 9.1% for Q4 FY25 as against 8.4% in Q4 FY24. EBITDA margin increased by 72 bps on account of favourable sales mix and lower other expenses. For FY25, Rane (Madras) has registered a consolidated net profit of Rs 37.6 crore (down 31.2% YoY) and total revenue of Rs 3,421.4 crore (down 2.5% YoY). The board of Rane (Madras) has recommended a dividend of Rs 10 per equity for the financial year 2024-25. Rane (Madras) (RML) is part of the Rane Group of Companies, a leading auto component group based out of Chennai. The company manufactures various automotive products, viz. steering and suspension systems, brake components, engine components, and light metal casting components. Its products serve a variety of industry segments including passenger vehicles, commercial vehicles, farm tractors, two-wheelers, three-wheelers, railways and stationery engines. The scrip had added 0.83% to end at Rs 846.80 on the BSE today. Powered by Capital Market - Live

Rane (Madras) has adjourned the meeting of the Board of Directors which was scheduled to be held on 10 April 2025. The meeting will now be held on 11 April 2025.Powered by Capital Market - Live

Rane (Madras) will hold a meeting of the Board of Directors of the Company on 27 May 2025.Powered by Capital Market - Live

Net loss of Rane (Madras) reported to Rs 0.22 crore in the quarter ended December 2024 as against net profit of Rs 9.09 crore during the previous quarter ended December 2023. Sales rose 0.11% to Rs 521.62 crore in the quarter ended December 2024 as against Rs 521.05 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales521.62521.05 0 OPM %7.119.02 - PBDT22.2133.73 -34 PBT0.5212.88 -96 NP-0.229.09 PL Powered by Capital Market - Live