Established in 1959, Rane Engine Valve Limited (REVL) is part of the Rane Group of Companies, a leading auto component group based out of Chennai. It manufactures engine valves, valve guides, and tappets for various internal combustion engine appl¡cations. It caters to all segments of automob¡le industries such as Passenger Vehicles, Commercial vehicles, Tractors, 2W, 3W, stationary engines, railways, and marine engines.
Financial Results:
Rane Engine Valve Ltd reported Revenues for Q1FY24 of ₹138.01 Crores up from ₹114.91 Crore year on year, a rise of 20.1%.
Total Expenses for Q1FY24 of ₹134.88 Crores up from ₹118.44 Crores year on year, a rise of 13.88%.
Consolidated Net Profit of ₹1.74 Crores from -₹3.11 Crores in the same quarter of the previous year.
The Earnings per Share is ₹2.41, from -₹4.63 in the same quarter of the previous year.
*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.
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