Results - Announcements
Rane (Madras) Ltd share price gained 4.16% to Rs 1230.5 after the company's net profit soared by 985.32% to Rs 326.68 crore, while revenue from operations increased 18.77% to Rs 1237.14 crore in Q3FY26 over Q2FY26.
The market capitalization of Auto Components & Equipments industry group stocks on BSE stood at Rs 12.48 lakh crore, gaining 6.18%. It has marginally improved by 1.46% over last one week and dipped slightly by 2.23% in last one month while the market capitalization of Rane (Madras) Ltd has inched up 1.42% and 10.43% in the same period respectively.
Profit before tax (PBT) of Rane (Madras) Ltd stood at Rs 388.74 crore in Q3 FY26, expanding by 1209.77% year-on-year, and surging by 847.68% quarter-on-quarter. EBITDA came in at Rs 104 crore, rallying 39.05% YoY and jumping 33.41% sequentially.
Total expenses went up by 17.96% to Rs 1172.65 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 723.65 crore, witnessing a sharp rise of 20.32% YoY, while employee benefits expense was at Rs 155.19 crore, witnessing a strong rise of 14.63% YoY.
For the TTM ended FY26, revenue from operations improved 13.42% to Rs 3862.92 crore, while net profit saw a strong growth of 185.47% to Rs 107.48 crore, compared to previous TTM. EBITDA jumped by 28012% to Rs 324.2 crore, and PBT soared 87.11% to Rs 145.76 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 219.07 crore in FY26, as against Rs 315.75 crore in FY25.
Rane (Madras) Ltd surged by 45.80% in last one year, significantly outperforming the benchmark BSE Sensex which has slipped by 9.87% during the same period.