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Rane (Madras) Ltd. was founded in 1929, it manufactures steering and suspension linkage products, steering gear products and specialized aluminum high pressure die-casting products and provides connected mobility solutions. The Company is a supplier to major manufacturers of Passenger Vehicles, Utility Vehicles and Farm Tractors and has a strong presence in mechanical steering gears and hydrostatic gear systems. The co. headquarters is in Chennai.
Significant increase in volume has been observed in Rane (Madras) Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, had written to the company. Rane (Madras) Limited has...
Rane (Madras) Limited (RML) reported strong Q1 FY27 results. Consolidated Revenue jumped 18.8% year-on-year to Rs 1,050.6 Cr, with Profit After Tax (PAT) soaring 62.5% to Rs 30.1 Cr. EBITDA increased 22.0% to Rs 95.8 Cr, achieving a 9.1% margin. Growth was well-distributed: Domestic OE sales rose 13% driven by...