Rane (Madras)'s Q1 FY 2025-26 Quarterly Results

Result Summary

• Rane (Madras) Ltd reported a 70.3% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 68.9%.
• Its expenses for the quarter were up by 62.2% QoQ and 65.9% YoY.
• The net profit decreased 297.8% QoQ and increased 443.4% YoY.
• The earnings per share (EPS) of Rane (Madras) Ltd stood at 6.7 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Rane (Madras) Ltd is a part of the Rane Group, a well-established player in the automotive components industry. The company primarily manufactures steering and suspension systems, hydraulic products, and die-casting products, catering to a diverse range of automotive manufacturers. This includes original equipment manufacturers (OEMs), commercial vehicles, and passenger cars. Rane (Madras) Ltd is known for its commitment to high-quality products and innovation. The company operates in a highly competitive sector, which is characterized by rapid technological advancements and shifts in consumer preferences. As of the latest updates, no specific major developments have been reported for Rane (Madras) Ltd.

Revenue

In Q1FY26, Rane (Madras) Ltd reported a total income of ₹884.40 crores, a significant increase from both the previous quarter (Q4FY25) and the same quarter last year (Q1FY25), which recorded total incomes of ₹519.28 crores and ₹523.52 crores, respectively. This reflects a quarter-over-quarter (QoQ) growth of 70.3% and a year-over-year (YoY) growth of 68.9%. These figures demonstrate a substantial enhancement in revenue generation compared to both the preceding quarter and the same period last year, indicating strong performance in terms of income.

Profitability

For Q1FY26, Rane (Madras) Ltd recorded a profit before tax (PBT) of ₹24.78 crores, contrasting with a loss of ₹11.58 crores in Q4FY25. The profit in Q1FY25 was ₹6.00 crores, marking a turnaround in profitability. The QoQ change in PBT was -314.0%, while the YoY change was 313.0%, showing a significant recovery in profitability. The tax expense for Q1FY26 was ₹6.25 crores, compared to negative tax figures in the previous quarter (Q4FY25) at -₹2.21 crores, and a tax of ₹2.59 crores in Q1FY25, reflecting a substantial YoY increase of 141.3%. Consequently, the profit after tax (PAT) for Q1FY26 stood at ₹18.53 crores, compared to a loss of ₹9.37 crores in Q4FY25 and a profit of ₹3.41 crores in Q1FY25. This indicates a QoQ growth of -297.8% and a YoY growth of 443.4% in PAT.

Operating Metrics

Key operating metrics for Rane (Madras) Ltd in Q1FY26 include a significant improvement in earnings per share (EPS), which rose to ₹6.70 from a negative ₹5.80 in Q4FY25 and ₹2.10 in Q1FY25. This reflects a QoQ change of -215.5% and a YoY change of 219.0%. Total expenses for Q1FY26 were reported at ₹858.61 crores, up from ₹529.26 crores in Q4FY25 and ₹517.46 crores in Q1FY25, indicating a QoQ increase of 62.2% and a YoY increase of 65.9%. These metrics highlight the company's ability to manage costs while increasing profitability, despite the rise in total expenses.