Rane (Madras) Q2 FY27 Results: Net Profit ₹326.7 Cr, Up 1419.5% YoY
Rane (Madras) Ltd reported revenue from operations of ₹1,237 Cr (+34.6% YoY) and net profit of ₹326.7 Cr (+1419.5% YoY) for Q2 FY27.
- Key figure
- Net profit ₹326.7 Cr · +1419.5% YoY
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Rane (Madras) Ltd reported revenue from operations of ₹1,237 Cr (+34.6% YoY) and net profit of ₹326.7 Cr (+1419.5% YoY) for Q2 FY27.
Rane (Madras) Ltd has submitted its shareholding pattern for the quarter ended September 30, 2026. This is a routine quarterly regulatory filing.
Promoter Meenakshi Ganesh acquired 1,105 equity shares of Rane (Madras) Limited through transmission from the late Kripa Subramaniam.
Rane (Madras) Limited completed the sale of 3.48 acres of land in Velachery, Chennai to Canopy Living LLP for a total consideration of Rs. 361.18 crore.
Rane (Madras) Limited will hold a board meeting on November 03, 2026, to approve the unaudited financial results for the quarter and half-year ended September 30, 2026.
Rane (Madras) Limited clarified it has no comments regarding recent volume spurts. The company confirmed no impending material information or announcements requiring disclosure.
Rane (Madras) Limited has completed the acquisition of the friction business of Hindustan Composites Limited for ₹370 Crore. This transaction aligns with the previously announced Business Transfer Agreement.
Rane (Madras) reported strong Q1 FY27 results with 18.8% YoY revenue growth. Strategy focused on friction business expansion via the Hindustan Composites acquisition to create a ₹1,000+ Cr platform.
Rane (Madras) Limited appointed Mr. Pawan Kumar Choudhary as President - Compo Division, effective August 20, 2026. The appointment supports their friction business operations.
Rane (Madras) Limited completed the acquisition of the friction business of Hindustan Composites Limited as a going concern, fulfilling all customary closing conditions.