Rane Holdings has released its Q2 results, and the numbers present a mixed picture for the quarter. The company reported a steep decline in profitability even as revenue and operating performance showed healthy growth on a year-on-year basis.
The net profit dropped sharply by 86.8%, coming in at ₹24 crore compared with ₹178 crore in the same quarter last year. This significant fall highlights the pressure on the bottom line during the period, despite improvement in other areas.
On the revenue front, the company delivered a strong performance. Revenue for Q2 rose 52.7% to ₹1,399.2 crore, up from ₹916.5 crore a year ago. This increase reflects better demand and stronger operational momentum across its businesses.
EBITDA also improved. It grew 19.7% to ₹97.2 crore, compared with ₹81.2 crore last year. Despite the improvement in absolute EBITDA, margins came under pressure. The EBITDA margin declined to 7%, down from 8.9% in the year-ago period
