03-Nov-2026 15:14:11
RMLGeneral news
RANE (MADRAS) LIMITED ANNOUNCES Q2 FY27 RESULTS
• Consolidated revenue rose 34.5% YoY to ₹1,242.3 Cr, including sales from acquired Friction business. • Consolidated EBITDA increased 37.7% YoY to ₹114.1 Cr, with margin improving 21 bps to 9.2%. • PAT surged 1421.5% YoY to ₹326.7 Cr, including a one-time gain of ₹292.1 Cr from land sale. • The company acquired the Friction Business for an undisclosed amount and completed the acquisition of Velachery land. Impact: Acquired Friction Business and Velachery land.
Rane (Madras) Limited
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