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Rane Holdings net at ₹13.89 cr.

May 07, 2018 09:57 pm | Updated May 08, 2018 02:39 pm IST - CHENNAI

Special Correspondent

Rane Holdings Limited (RHL) has posted a standalone net profit of ₹13.89 crore for the quarter ended March 31 against ₹31.80 crore for the corresponding year-ago period.

RHL had posted higher net profit for the quarter ended March 2017 as it included the sale of its entire stake in its Bengaluru-based associate firm SasMos HET Technologies Ltd.

During the quarter, total revenue stood at ₹28.31 crore (₹49.56 crore), the company said in a regulatory filing. Total revenue in the year-earlier period included other income of ₹26.88 crore.

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