Rane Holdings Ltd

Rane Holdings Q3 Results: Strong Standalone Performance, Consolidated Hit by JV Loss 📊

• Standalone Q3 revenue: ₹2,813 lakhs

• Standalone nine-month revenue: ₹12,935 lakhs

• Consolidated Q3 revenue: ₹153,462 lakhs

• Consolidated nine-month revenue: ₹427,466 lakhs

• Standalone Q3 profit after tax: ₹842 lakhs

• Standalone nine-month profit: ₹6,261 lakhs

• Consolidated Q3 net loss: ₹3,951 lakhs

• Loss from joint venture/associate share: ₹6,932 lakhs

• Consolidated nine-month profit: ₹4,924 lakhs

• New Labour Codes led to incremental employee expense of ₹618 lakhs for quarter and nine months