RANE (MADRAS) LTD. - 532661 - Announcement under Regulation 30 (LODR)-Newspaper Publication
We hereby enclose copies of the un-audited financial results of the Company for the quarter ended June 30, 2023 (UFR) published on July 27, 2023, in the newspapers, viz., "Business Standard" (English) and "Hindu Tamizh Thisai" (Regional Language). RANE (MADRAS) LTD. - 532661 - Shareholder Meeting - Change In Board
This is to inform that the shareholders at the 19th AGM held on July 26, 2023, inter-alia approved the re-appointment of Mr. Harish Lakshman as Director, who retires by rotation. The details pursuant to regulation 30 of SEBI LODR is attached. RANE (MADRAS) LTD. - 532661 - Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
We wish to inform you that the 19th AGM of the Members of the Company was held on Wednesday, July 26, 2023 at 14:00 hrs (IST) through VC/OAVM. In this regard, we enclose consolidated report of the scrutinizer dated July 26, 2023. The AGM concluded at 14:43 Hrs. RANE (MADRAS) LTD. - 532661 - Shareholder Meeting / Postal Ballot-Outcome of AGM
We wish to inform that the 19th Annual General Meeting (AGM) of the members of the Company was held on Wednesday, July 26, 2023 at 14:00 hrs (IST) through VC/OAVM. In this regard, we furnish the following: 1. Summary of proceedings of 19th AGM 2. Voting Results 3. Consolidated report of the scrutinizer dated July 26, 2023. The AGM concluded at 14:43 hrs. Q1FY24 Quarterly Result Announced for Rane (Madras) Ltd.
Auto Parts & Equipment company Rane (Madras) announced Q1FY24 results: Consolidated Q1FY24: Total Revenue was Rs 590.0 crore for Q1FY24 compared to Rs 550.4 crore in the Q1FY23, up 7.2% EBITDA stood at Rs 44.0 crore compared to Rs 30.2 crore during Q1FY23, an increase of 45.5% EBITDA Margin at 7.5% for Q1FY24 against 5.5% in Q1FY23 Net loss stood at Rs 14.5 crore for Q1FY24 compared to Net Loss of 3.3 crore in Q1FY23 Standalone Q1FY24: Total Revenue was Rs 532.1 crore for Q1FY24 compared to Rs 501.0 crore in Q1FY23, up 6.2% EBITDA stood at Rs 51.9 crore compared to Rs 48.0 crore during Q1FY23, an increase of 8.1% EBITDA Margin at 9.7% for Q1FY24 against 9.6% in Q1FY23 Net profit stood at 3.0 crore for Q1FY24 compared to 220.1 crore in Q1FY23 “RML sustained sales momentum albeit decline in volume in the Farm Tractor segment. The demand from international customers remained robust. Further to the board's decision, the company is exploring various options to divest the LMCA business. Demand across major vehicle segments continues to remain robust. We are closely monitoring the evolving economic indicators and continuing to prioritise cost reduction and operational improvement programs in the upcoming quarter.”, said L. Ganesh, Chairman, Rane Group Result PDF RANE (MADRAS) LTD. - 532661 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Q1 FY24 Earnings Release RANE (MADRAS) LTD. - 532661 - Financial Results For The Quarter Ended June 30, 2023 (Unaudited - Standalone & Consolidated)
This is to inform that the Board of Directors, inter-alia, approved the un-audited financial results (standalone & consolidated) (UFR) of the Company for the quarter ended June 30, 2023 as recommended by the Audit Committee at their respective meeting(s) held today (July 26, 2023). The UFR of the Company is enclosed along with the limited Review Report on both standalone & consolidated results issues by M/s. BSR & Co., LLP, Chartered Accountants, Statutory Auditors. (Reg 33). The un-audited financial results (standalone & consolidated) will be uploaded on the website of the Company at www.rane group.com and stock exchanges at www.bseindia.com and www.nseindia.com (Reg 46). An earnings release for the above results is also enclosed (Reg 30). The meeting of Board of Directors commenced at 11:10 hrs (IST) and concluded at 12:57 hrs (IST). RANE (MADRAS) LTD. - 532661 - Board Meeting Outcome for Meeting Held On July 26, 2023 - Under Regulation 30 Of SEBI LODR
This is to inform that the Board of Directors, inter alia, approved the un-audited financial results (standalone & consolidated) (UFR) of the Company for the quarter ended June 30, 2023 as recommended by the audit committee at their respective meeting(s) held today (July 26, 2023). The UFR of the Company is enclosed along with the Limited Review Report on both standalone & consolidated results issued by M/s. BSR & Co., LLP, Chartered Accountants, Statutory Auditors. (Regulation 33). The un-audited financial results (standalone & consolidated) will be uploaded on the website of the company at www.ranegroup.com and stock exchanges at www.bseindia.com and www.nseindia.com (Regulation 46). An 'earnings release' for the above results is also enclosed (Regulation 30). The meeting of the Board of Directors commenced at 11 : 10 hrs (IST) and concluded at 12 : 57 hrs (IST). RANE (MADRAS) LTD. - 532661 - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Please find enclosed a copy of the certificate dated July 03, 2023, received from M/s. Integrated Registry Management Services Private Limited, RTA of the Company for the quarter ended June 30, 2023 RANE (MADRAS) LTD. - 532661 - Announcement under Regulation 30 (LODR)-Newspaper Publication
We enclose herewith the copy of advertisements published on July 01, 2023 in newspapers - Business Standard (English) and Hindu Tamizh Thisai (Tamil) in connection with the 19th AGM of the Company scheduled to be held on Wednesday, July 26, 2023 through VC/OAVM and the same are available on the website of the Company at www.ranegroup.com