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Rane Group achieves Rs.4032 crore topline in FY17

Rane Group ended 2016-17 with high double digit growth of 24 per cent in its net sales, of  Rs.4032 crore (Rs.3261 crore). Exports accounted for 21 per cent of the topline.

International business grew by 59 per cent supported by commencement of new business for steering and die-casting products, occupant safety products. Its EBITDA increased by 39 per cent to Rs.456 crore in 2016-17 (Rs.329 crore). Profit before tax increased by 71 per cent to Rs.228 crore in FY17 (Rs.133 crore).

Rane Group has set a revenue target of Rs 5500 crore for 2018-19. 

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