Rane Brake Lining Limited — Board Meeting, 25-10-2024: Outcome of Board Meeting

Rane Brake Lining Limited reported robust financial results for Q2 FY25, with total revenue at ₹175.1 crore, up 10.7% year-over-year. EBITDA rose 16.3% to ₹20.7 crore, and PAT increased by 15.3% to ₹11.1 crore. For H1 FY25, revenues reached ₹335.6 crore (up 7.8%), while PAT surged 34.9% to ₹19.9 crore. The board also approved the re-appointment of Mr. R Balakrishnan and a commission payment to Chairman Mr. Harish Lakshman, pending shareholder approval.