The company said sales to original equipment customers increased 25% and sales to aftermarket customers increased by 1%
The company said sales to original equipment customers increased 25% and sales to aftermarket customers increased by 1%
Rane Brake Linings Ltd. has reported a growth of around 20% in standalone net profit for the second quarter to ₹6.5 crore from a year ago period on strong demand across the vehicle segments.
Income from operations increased by 15% to ₹141 crore, with producer brake linings And Disk Pad said in a regulatory filing.
The company said sales to original equipment customers increased 25% and sales to aftermarket customers increased by 1%.
“Material-price inflation remained a challenge for RBL in the quarter,” Rane Group chairman L. Ganesha Told. ,[The] Management is working to reduce high material prices through various cost-cutting measures and partial recovery from customers.