Rane (Madras)'s Q2 FY 2026-27 Quarterly Results

Result Summary

• Rane (Madras) Ltd reported a 18.2% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 34.5%.
• Its expenses for the quarter were up by 18.2% QoQ and 33.7% YoY.
• The net profit increased 985.3% QoQ and increased 1421.6% YoY.
• The earnings per share (EPS) of Rane (Madras) Ltd stood at 118.2 during Q2 FY 2026-27.

Financial Statments for Q2 FY 2026-27

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 prominent manufacturer in the automotive components industry, primarily engaged in the production and supply of critical vehicle parts. The company focuses on delivering high-quality steering and suspension systems, which are essential for the functionality and safety of vehicles. Rane (Madras) Ltd has established its reputation through consistent innovation and adherence to stringent quality standards. As an integral part of the Rane Group, the company benefits from a strong network and industry presence. Given the data provided, no specific recent developments or strategic shifts have been highlighted.

Revenue

During the second quarter of the fiscal year 2027 (Q2FY27), Rane (Madras) Ltd reported a total income of ₹1242.26 crores. This represents a significant quarter-over-quarter (QoQ) increase of 18.2% from the previous quarter (Q1FY27), where total income was ₹1050.61 crores. Furthermore, the company experienced a substantial year-over-year (YoY) growth of 34.5% compared to the same quarter in the previous fiscal year (Q2FY26), which recorded a total income of ₹923.40 crores. The robust increase in total income underscores the company's capacity to generate revenue growth across successive quarters and years.

Profitability

In Q2FY27, Rane (Madras) Ltd achieved a Profit Before Tax (PBT) of ₹388.74 crores, reflecting an impressive QoQ growth of 847.7% from ₹41.02 crores in Q1FY27. Year-over-year, the PBT surged by 1209.8% compared to ₹29.68 crores in Q2FY26. The tax expense for Q2FY27 was ₹62.06 crores, marking a QoQ increase of 468.3% from ₹10.92 crores in Q1FY27 and a YoY increase of 655.9% from ₹8.21 crores in Q2FY26. Consequently, the Profit After Tax (PAT) reached ₹326.68 crores, representing a remarkable QoQ rise of 985.3% and a YoY growth of 1421.6%. The Earnings Per Share (EPS) also showed similar trends, increasing to ₹118.20 in Q2FY27 from ₹10.89 in Q1FY27 and ₹7.77 in Q2FY26, marking significant QoQ and YoY increases of 985.4% and 1421.2%, respectively.

Operating Metrics

The total expenses for Rane (Madras) Ltd in Q2FY27 amounted to ₹1193.17 crores, which is an 18.2% increase from the previous quarter's expenses of ₹1009.59 crores. Year-over-year, the total expenses grew by 33.7% from ₹892.13 crores in Q2FY26. This increase in expenses aligns with the growth in total income, indicating a proportional rise in operating activities. Despite the rise in expenses, the company's profitability metrics indicate a substantial improvement, as evidenced by the significant increases in PBT, PAT, and EPS. The financial data reflects the company's ability to manage its operational costs while achieving substantial revenue and profitability growth over both the quarter and the year.