Rane (Madras) Limited, Sales & Operating Income for the quarter ended 31st December 2011 up by 15.47% over same quarter last year.
Financial Highlights for the quarter ended 31st December 2011:-
Sales & Operating Income at Rs.171.68 Crores.
EBIDTA at Rs.15.16 Crores up by 15% over same quarter last year.
Profit before Tax at Rs.9.36 Crores.

Rane (Madras) Limited, (National Stock Exchange of India Ltd, (listing Code RML), Bombay Stock Exchange Ltd (listing code 532661) leading auto components manufacturer of Steering and Suspension Linkage Products & Steering Gear Products and which is a part of Rane Group, announced its quarterly results today for the quarter ended 31st December 2011. The Company registered Sales & Operating Income of Rs.171.68 Crores for the current quarter as against Rs.148.88 Crores for the same quarter of the previous year.
Sales of RML in the Domestic OEM and domestic replacement market grew by 13% & 36% respectively over the same quarter of last year. The Profit Before Tax for the current quarter was Rs.9.36 Crores as against Rs.9.29 Crores for the same quarter of the previous year.

RML has declared an interim dividend of Rs.5.50 per equity share on the paid up capital of 1,01,64,145 equity shares of Rs.10/- each for the year ending March 31, 2012. This would be payable to eligible shareholders as on the Record Date viz., February 8, 2012.