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Rane Holdings Limited (RHL), founded in 1929 is headquartered in Chennai, India. It is the holding company of Rane Group and holds its trademark.
Rane Holdings received exchange approval for issuing 3.38 lakh convertible warrants to promoters at Rs 1,183.32 each. This move could inject around 40.01 Cr into the company.
Rane Holdings' subsidiary, Rane Steering Systems, announced a Key Managerial Personnel change. Mr. V Sethuraman ceased as Company Secretary but continues as CFO. Mr. S Anand is appointed as the new Company Secretary.
The Board of Directors has approved the un-audited financial results for the quarter and nine months ended December 31, 2024, which highlight significant changes in performance. For Q3 FY25, total revenue was ₹1,245.9 Cr, up 48.1% YoY, but EBITDA declined 11.7% to ₹83.4 Cr, resulting in an EBITDA margin drop...
Rane Holdings Limited reported its financial results for Q2 and H1 FY25. Consolidated total revenue for Q2 was ₹920.0 crore, a 1.1% decline year-over-year, while PAT surged 263% to ₹185.4 crore. For H1, total revenue was ₹1,757.5 crore, down 3.9%, but PAT grew 224.4% to ₹204.9 crore. EBITDA improved in...