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.
Rane (Madras) Limited concluded its 22nd Annual General Meeting on August 05, 2026. The meeting proceedings and e-voting results were formally filed with the exchanges.
Rane (Madras) Limited has re-appointed M/s. Jayaram & Associates as Cost Auditors for a 12-month term starting April 1, 2026.
Rane (Madras) Ltd reported revenue from operations of ₹1,042 Cr (+18.3% YoY) and net profit of ₹30.1 Cr (+62.7% YoY) for Q1 FY27.
Rane (Madras) Limited submitted its FY 2025-26 Annual Report and 22nd AGM notice. The meeting is scheduled for August 05, 2026, via video conferencing.
Rane (Madras) Limited scheduled its 22nd AGM for August 05, 2026. The company released its Annual Report for FY 2025-26 along with meeting details.
CRISIL upgraded Rane (Madras) Limited's long-term bank facilities rating to AA-/Stable from A+/Stable. Short-term ratings were also upgraded to A1+ for Rs.1,085 Crore facilities.
Rane (Madras) Limited executed a BTA to acquire the friction business of Hindustan Composites Limited. The acquisition proceeds as a going concern on a slump sale basis.
Rane (Madras) Ltd is acquiring the friction business of Hindustan Composites Limited for ₹370 Crore. The deal aims to create a leading friction solutions platform.
Rane (Madras) Ltd appointed Ramkumar Lakshminarayanan as an Independent Director. The term runs from July 2026 to April 2031.
Rane (Madras) Ltd scheduled a board meeting for August 05, 2026. The meeting will consider unaudited financial results for June 30, 2026.
Mr. T Giriprasad retired as President – Aftermarket Products Business of Rane (Madras) Limited effective May 31, 2026. This concludes his 22-year tenure with the company.
Rane (Madras) delivered record FY26 consolidated revenue of ₹3,878.6cr, driven by the successful merger of RBL and REVL. Operating performance was steady despite one-time merger costs and voluntary retirement expenses.
Rane (Madras) Limited submitted its Annual Secretarial Compliance Report for the financial year ended March 31, 2026. The report confirms overall regulatory compliance with SEBI guidelines.
Rane (Madras) reported FY26 consolidated revenue growth of 13.5% YoY to ₹3,863 cr, driven by the successful amalgamation of RBL and REVL effective April 2024.