Holding company Rane Holdings announced consolidated Q4FY24 & FY24 results:
Q4FY24 Financial Highlights:
- Total Revenue was Rs 874.4 crore for Q4FY24 compared to Rs 948.2 crore in Q4FY23, a decrease of 7.8%
- EBITDA stood at Rs 87.6 crore for Q4FY24 compared to Rs 114.3 crore during Q4FY23, a decrease of 23.4%
- EBITDA Margin at 10.0% for Q4FY24 against 12.1% in Q4FY23
- Net profit stood at Rs 38.4 crore for Q4FY24 compared to Loss of Rs 8.1 crore in Q4FY23.
FY24 Financial Highlights:
- Total Revenue was Rs 3,544.0 crore for FY24 compared to Rs 3,537.5 crore in FY23. an increase of 0.2%
- EBITDA stood at Rs 335.6 crore for FY24 compared to Rs 348.6 crore during FY23, a decrease of 3.7%
- EBITDA Margin at 9.5% for FY24 against 9.9% in FY23
- Net profit stood at Rs 149.6 crore for FY24 compared to Rs 87.3 crore in FY23, an increase of 71.4%