Rane (Madras) Limited — Updates, 05-08-2025: Press Release

Rane (Madras) Ltd (RML) delivered a strong Q1 FY26 performance. Revenue climbed 7.4% to ₹884.4 Cr, EBITDA jumped 10.9% to ₹78.5 Cr (8.9% margin), and Net Profit rose 26.7% to ₹18.5 Cr. Domestic OE sales grew 7% (PV & farm tractors), and international sales surged 15% from steering product demand. Despite a 2% decline in Aftermarket, RML is pushing new products and synergies. Margin improvement was driven by reduced freight and consumables costs. The company is actively monitoring US tariff developments but notes no immediate impact, focusing on post-merger operational efficiency.