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Rane Holdings Ltd Q1FY24; 43% fall in Profits

Rane Holdings Limited (RHL), founded in 1929 is headquartered in Chennai, India. It is the holding company of Rane Group and holds its trademark.

Financial Results:

Rane Holdings Ltd reported Revenues for Q1FY24 of ₹894.00 Crores up from ₹817.00 Crore year on year, a rise of 9.42%.

Total Expenses for Q1FY24 of ₹871.00 Crores up from ₹804.00 Crores year on year, a rise of 8.33%.

Consolidated Net Profit of ₹12.00 Crores down 42.86% from ₹21.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹8.94, down 36.32% from ₹14.04 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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