Results - Announcements
Rane Holdings Ltd share price gained 0.83% to Rs 1528.25 after the company's net profit jumped 562.01% to Rs 319.55 crore, while revenue from operations edged up 19.26% to Rs 1892.55 crore in Q2FY27 over Q2FY26.
The market capitalization of Holding Company industry group stocks on BSE stood at Rs 5.1 lakh crore, easing 2.20%. It has improved by 2.07% over last one week and eased lower by 6.19% in last one month while the market capitalization of Rane Holdings Ltd has inched up 1.05% and 8.52% in the same period respectively.
Profit before tax (PBT) of Rane Holdings Ltd stood at Rs 388.23 crore in Q2 FY27, expanding by 731.51% year-on-year, and jumping 540.86% quarter-on-quarter. EBITDA came in at Rs 112 crore, surging by 66.89% YoY and rallying 45.08% sequentially.
Total expenses increased by 18.08% to Rs 1835.37 crore in Q2FY27 over Q2FY26. During the quarter, cost of materials consumed stood at Rs 1251.55 crore, advancing by 18.99% YoY, while employee benefits expense was at Rs 201.82 crore, soaring 13.56% YoY.
For FY26, revenue from operations soared by 34.89% to Rs 5883.31 crore, while net profit tumbled by 38.07% to Rs 136.78 crore, compared to previous FY. EBITDA jumped by 26394% to Rs 337.95 crore, and PBT collapsed by 46.19% to Rs 176.91 crore compared to previous FY.
Rane Holdings Ltd slipped 0.35% in last one year, outperforming the benchmark BSE Sensex which has eased by 2.37% during the same period.