India's Rane (Madras) jumps after quarterly profit surge

Rane (Madras)

06/05/2026 10:51

** Shares of Rane (Madras) RAMD.NS jump 6.1% to 910.65 rupees

** Auto components maker's Q4 consol profit surges to 369.6 mln rupees ($3.9 mln) from 65.2 mln rupees a year ago

** Q4 consol revenue rises 16.3% Y/Y to 10.48 bln rupees

** Q4 EBITDA margin increased by 31 bps Y/Y to 9.5%, aided by better absorption of fixed cost

** Trading vols over 32x the 30-day average

** Co says geopolitical developments, volatility in crude oil and commodity prices, exchange rate movements, and potential supply chain disruptions could affect production costs in FY27

** RAMD up ~14% YTD

($1 = 94.5788 Indian rupees)

 (Reporting by Vijay Malkar)

 ((VijayDattaram.Malkar@thomsonreuters.com;))