Brief: India's Rane Brake Linings Sept Quarter Profit Rises

Rane Brake Linings

15/10/2020 08:34

Oct 15 (Reuters) - Rane Brake Linings Ltd  RABL.NS :
    * SEPT QUARTER PROFIT 115.3 MILLION RUPEES VERSUS 74.6
MILLION
RUPEES  YEAR AGO
    * SEPT QUARTER REVENUE FROM OPERATIONS 1.05 BILLION RUPEES
VERSUS
1.09 BILLION RUPEES YEAR AGO
    * RANE BRAKE LININGS - TO BUY BACK SHARES UP TO 220 MILLION
RUPEES
AT MAXIMUM PRICE OF 825 RUPEES/SHARE
    * RANE BRAKE LININGS - CAUTIOUSLY OPTIMISTIC ABOUT
SUSTENANCE OF
DEMAND POST FESTIVE SEASON

Source text : https://bit.ly/2IxQ40I
Further company coverage:  RABL.NS 

 ((Reuters.Briefs@thomsonreuters.com;))