Rane Holdings Ltd, the holding company of the diversified conglomerate Rane Group has reported a 61.2 per cent rise in its profit after tax for the April-June 2024 quarter at Rs 19.5 crore.

Rane Holdings Q1 result: PAT up 61.2% at Rs 19.5 cr, revenue at Rs 837.4 cr

Rane Holdings Ltd (RHL) reports 61% profit growth, revenue decline, and key executive reappointment for five years.

Rane Holdings Q1 consolidated net surges 61% to ₹19.5 cr.

Rane Holdings consolidated net profit rises 2.74% in the June 2024 quarter

Rane Holdings was locked in upper circuit of 20% at Rs 1,605.75 after the firm executed a share purchase agreement for acquiring balance 51% stake from the joint venture partner NSK in Rane NSK Steering Systems.

Rane Holdings hits life high on plan to acquire 51% stake in JV

Following this acquisition, the company will become a wholly-owned subsidiary of Rane Holdings and will be renamed Rane Steering Systems Pvt.

Rane Holdings Acquires Remaining 51% Stake In Joint Venture With NSK

Shares of Rane Holding locked in 20 per cent upper circuit, hitting its 52-week high at Rs 1605.75 per share on the BSE in Monday’s intraday deals

Rane Holdings locks in 20% upper circuit on acquiring major stake in JV Co

‘Net profit down due to exceptional expense of about ₹20 crore towards warranty provision and VRS in the subsidiary companies’

Rane Holdings Q1 net declines 41% to ₹12 crore

The acquisition, done by converting warrants, raises Rane Holdings’ shareholding to 58.29 per cent. REVL, a leading producer of engine valves and related components,

Rane Holdings invests ₹5 cr in its subsidiary to raise stakes

Rane Holdings Ltd. has approved the sale of its entire investment in subsidiary Rane t4u Pvt. Ltd. in exchange for allotment of equity shares in eTrans Solutions Pvt. Ltd.

Rane Holdings to divest entire stake in arm Rane t4u

Rane Holdings Ltd, the holding company of Rane Group has reported consolidated net loss at Rs 8.1 crore for the fourth quarter ending March 31, 2023, the company said on Saturday.