Rane Holdings reported strong Q3 FY26 financial results with consolidated revenue climbing 23.6% year-on-year to Rs 1,539.3 Cr. EBITDA also saw a robust increase of 39.5% to Rs 116.4 Cr, achieving a 7.6% margin. However, the company posted a net loss of Rs 39.5 Cr. This loss was largely due to a substantial warranty provision of Rs 172.72 Cr (net of tax) at its ZF Rane Automotive India Private Limited joint venture, related to a product recall liability.
As a leading auto component supplier, Rane Group continues to drive growth by securing new orders. Rane (Madras) won orders worth Rs 135 Cr, including Rs 75 Cr from international customers, alongside Rs 345 Cr for domestic UV models. Rane Steering Systems also secured Rs 109 Cr in occupant safety product orders. The company's focus on operational excellence is evident through various facilities receiving awards for continuous improvement and green energy adoption.
While operational momentum remains strong, the one-time JV provision impacted the quarter's net profitability. Detailed forward-looking plans or demand visibility were not part of this presentation.