Rane Engine Valve Limited — Board Meeting, 23-10-2024: Outcome of Board Meeting

Rane Engine Valve Limited reported significant financial results for Q2 and H1 FY25. Q2 revenue increased by 2.7% to ₹147.6 crore, with a notable 83% rise in EBITDA to ₹16.8 crore, leading to a PAT of ₹5.7 crore, up 287.7% year-on-year. For H1, total revenue rose 2% to ₹287.8 crore, with a 35.4% increase in EBITDA. The Board also approved payment of commission to the Chairman and a notice of postal ballot regarding it.