Manufacturer of brake linings, and disc pads, Rane Brake Lining Ltd has recorded a 28% rise in its profit after tax for the January-March 2024 quarter at Rs 15.4 crore. The city-based company had registered a profit after tax of Rs 12 crore during the corresponding quarter of last year. Total revenue generated during the January-March 2024 quarter grew by 12.6 per cent to Rs 186.7 crore, as compared to Rs 165.8 crore registered in the same period last year.
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