Rane (Madras) Limited — Board Meeting, 27-05-2025: Outcome of Board Meeting

Rane (Madras) reported consolidated revenue of Rs. 3,421 Cr, down 1.5% YoY, while EBITDA rose 6.9% to Rs. 297.7 Cr, boosting margins to 8.7%. PAT dropped 31% to Rs. 37.65 Cr, hit by Rs. 11.8 Cr in merger costs. Domestic OEM sales gained 6.3%, led by passenger vehicles and tractors; international sales grew 3.4%. The board has approved the financial results and proposed an Rs. 8 per share dividend. Mr. Vikram Taranath Hosangady joins as Independent Director, strengthening leadership ahead.