The sales declined to Rs. 153.33 millions for the December 2019 quarter as compared to Rs. 179.83 millions during the corresponding quarter last year.Profit after Tax for the quarter ended December 2019 saw a decline of -72.19% from Rs. 171.14 millions to Rs. 47.59  millions.Operating Profit reported a sharp decline to 67.35 millions from 206.33 millions in the corresponding previous quarter. (Rs. in Million) Quarter ended Year to Date Year ended 201912 201812 % Var 201912 201812 % Var 201903 201803 % Var Sales 153.33 179.83 -14.74 492.64 530.51 -7.14 1159.52 955.57 21.34 Other Income 1.11 119.74 -99.07 288.98 453.01 -36.21 125.42 15.31 719.20 PBIDT 67.35 206.33 -67.36 515.95 706.72 -26.99 909.63 623.94 45.79 Interest 5.02 5.34 -5.99 15.70 19.03 -17.50 23.43 23.26 0.73 PBDT 62.33 200.99 -68.99 500.25 687.69 -27.26 886.19 600.69 47.53 Depreciation 9.24 2.72 239.71 22.79 8.67 162.86 11.30 12.83 -11.93 PBT 53.09 198.27 -73.22 477.46 679.02 -29.68 874.89 587.86 48.83 TAX 5.50 27.13 -79.73 57.14 85.04 -32.81 111.26 99.97 11.29 Deferred Tax 0.23 -0.85 -127.06 -1.43 -1.18 21.19 -1.14 -0.70 62.86 PAT 47.59 171.14 -72.19 420.32 593.98 -29.24 763.63 487.89 56.52 Equity 142.78 142.78 0.00 142.78 142.78 0.00 142.78 142.78 0.00 PBIDTM(%) 43.92 114.74 -61.72 104.73 133.22 -21.38 78.45 65.30 20.14

Rane Holdings is currently trading at Rs. 879.00, up by 0.50 points or 0.06% from its previous closing of Rs. 878.50 on the BSE.The scrip opened at Rs. 880.00 and has touched a high and low of Rs. 903.90 and Rs. 879.00 respectively. So far 481 shares were traded on the counter.The BSE group `B` stock of face value Rs. 10 has touched a 52 week high of Rs. 1603.00 on 22-Apr-2019 and a 52 week low of Rs. 821.00 on 08-Aug-2019.Last one week high and low of the scrip stood at Rs. 903.90 and Rs. 866.00 respectively. The current market cap of the company is Rs. 1256.52 crore.The promoters holding in the company stood at 46.37%, while Institutions and Non-Institutions held 18.80% and 34.83% respectively.Rane Holdings’ board has approved further investment in its subsidiary, viz., Rane (Madras) (RML), of upto Rs 50 crore, by way of subscription to equity shares and/or convertible securities (warrants), as part of the fund raising plans of RML. The Board of directors of the company at its meeting held on November 08, 2019 has approved for the same.Rane Holdings (RHL) is the holding company of Rane Group. RHL owns the trademark in Rane and provides a range of services to group companies. These include employee training and development, investor services, business development & information systems support.

The sales declined to Rs. 164.72 millions for the September 2019 quarter as compared to Rs. 182.55 millions during the corresponding quarter last year.The Net Profit of the company registered a slight decline of -14.03% to Rs. 304.28  millions from Rs. 353.92 millions.The Operating Profit of the company witnessed a decrease to 359.91 millions from 412.00 millions. (Rs. in Million) Quarter ended Year to Date Year ended 201909 201809 % Var 201909 201809 % Var 201903 201803 % Var Sales 164.72 182.55 -9.77 339.31 350.68 -3.24 1159.52 955.57 21.34 Other Income 287.43 332.37 -13.52 287.87 333.27 -13.62 125.42 15.31 719.20 PBIDT 359.91 412.00 -12.64 448.60 500.39 -10.35 909.63 623.94 45.79 Interest 5.30 6.77 -21.71 10.68 13.69 -21.99 23.43 23.26 0.73 PBDT 354.61 405.23 -12.49 437.92 486.70 -10.02 886.19 600.69 47.53 Depreciation 7.35 3.04 141.78 13.55 5.95 127.73 11.30 12.83 -11.93 PBT 347.26 402.19 -13.66 424.37 480.75 -11.73 874.89 587.86 48.83 TAX 42.98 48.27 -10.96 51.64 57.91 -10.83 111.26 99.97 11.29 Deferred Tax -1.54 -0.20 670.00 -1.66 -0.33 403.03 -1.14 -0.70 62.86 PAT 304.28 353.92 -14.03 372.73 422.84 -11.85 763.63 487.89 56.52 Equity 142.78 142.78 0.00 142.78 142.78 0.00 142.78 142.78 0.00 PBIDTM(%) 218.50 225.69 -3.19 132.21 142.69 -7.35 78.45 65.30 20.14

With no major difference for the quarter endedJune 2019 , the total revenue stood at Rs. 174.59  millions.The Net Profit of the company registered a slight decline of -0.68% to Rs. 68.45  millions from Rs. 68.92 millions.The company reported a good operating profit of 88.69 millions compared to 88.39 millions of corresponding previous quarter. (Rs. in Million) Quarter ended Year to Date Year ended 201906 201806 % Var 201906 201806 % Var 201903 201803 % Var Sales 174.59 168.13 3.84 174.59 168.13 3.84 1159.52 955.57 21.34 Other Income 0.44 0.90 -51.11 0.44 0.90 -51.11 125.42 15.31 719.20 PBIDT 88.69 88.39 0.34 88.69 88.39 0.34 909.63 623.94 45.79 Interest 5.38 6.92 -22.25 5.38 6.92 -22.25 23.43 23.26 0.73 PBDT 83.31 81.47 2.26 83.31 81.47 2.26 886.19 600.69 47.53 Depreciation 6.20 2.91 113.06 6.20 2.91 113.06 11.30 12.83 -11.93 PBT 77.11 78.56 -1.85 77.11 78.56 -1.85 874.89 587.86 48.83 TAX 8.66 9.64 -10.17 8.66 9.64 -10.17 111.26 99.97 11.29 Deferred Tax -0.12 -0.13 -7.69 -0.12 -0.13 -7.69 -1.14 -0.70 62.86 PAT 68.45 68.92 -0.68 68.45 68.92 -0.68 763.63 487.89 56.52 Equity 142.78 142.78 0.00 142.78 142.78 0.00 142.78 142.78 0.00 PBIDTM(%) 50.80 52.57 -3.37 50.80 52.57 -3.37 78.45 65.30 20.14

The Revenue for the quarter ended  March 2019 of Rs. 300.46 millions grew by 6.59 % from Rs. 281.88 millions.Modest increase of 22.09% in the Net Profit was reported from. 138.95 millions to Rs. 169.64  millions.Operating profit for the quarter ended March 2019 rose to 202.90 millions as compared to 178.92 millions of corresponding quarter ended March 2018. (Rs. in Million) Quarter ended Year to Date Year ended 201903 201803 % Var 201903 201803 % Var 201803 201703 % Var Sales 300.46 281.88 6.59 830.97 754.77 10.10 642.70 545.31 17.86 Other Income 0.98 1.24 -20.97 453.99 216.12 110.06 328.19 442.84 -25.89 PBIDT 202.90 178.92 13.40 909.63 623.95 45.79 623.95 669.47 -6.80 Interest 4.40 7.17 -38.63 23.43 23.27 0.69 23.26 27.78 -16.27 PBDT 198.50 171.75 15.57 886.20 600.68 47.53 600.69 641.69 -6.39 Depreciation 2.64 2.94 -10.20 11.31 12.83 -11.85 12.83 14.12 -9.14 PBT 195.86 168.82 16.02 874.90 587.86 48.83 587.86 627.57 -6.33 TAX 26.22 29.87 -12.22 111.26 99.96 11.30 99.97 129.58 -22.85 Deferred Tax 0.04 8.68 -99.54 -1.14 -0.71 60.56 -0.70 -4.49 -84.41 PAT 169.64 138.95 22.09 763.63 487.89 56.52 487.89 497.99 -2.03 Equity 142.78 142.78 0.00 142.78 142.78 0.00 142.78 142.78 0.00 PBIDTM(%) 67.53 63.48 6.38 109.47 82.67 32.42 97.08 122.77 -20.92

The revenue zoomed 6.26% to Rs. 179.83 millions for the quarter ended December 2018 as compared to Rs. 169.23 millions during the corresponding quarter last year.The Total revenue for the quarter ended December 2018 of  Rs. 171.14  millions  grew by 148.17% from Rs. 68.96 millions.Operating Profit saw a handsome growth to 206.34 millions from 93.58 millions in the quarter ended December 2018. (Rs. in Million) Quarter ended Year to Date Year ended 201812 201712 % Var 201812 201712 % Var 201803 201703 % Var Sales 179.83 169.23 6.26 530.51 472.89 12.18 642.70 545.31 17.86 Other Income 119.74 1.60 7383.75 453.01 214.88 110.82 328.19 442.84 -25.89 PBIDT 206.34 93.58 120.50 706.73 445.03 58.81 623.95 669.47 -6.80 Interest 5.34 7.80 -31.54 19.03 16.10 18.20 23.26 27.78 -16.27 PBDT 201.00 85.78 134.32 687.70 428.93 60.33 600.69 641.69 -6.39 Depreciation 2.72 2.92 -6.85 8.67 9.89 -12.34 12.83 14.12 -9.14 PBT 198.28 82.86 139.30 679.04 419.04 62.05 587.86 627.57 -6.33 TAX 27.13 13.89 95.32 85.04 70.09 21.33 99.97 129.58 -22.85 Deferred Tax -0.85 -0.76 11.84 -1.18 -9.39 -87.43 -0.70 -4.49 -84.41 PAT 171.14 68.96 148.17 593.99 348.94 70.23 487.89 497.99 -2.03 Equity 142.78 142.78 0.00 142.78 142.78 0.00 142.78 142.78 0.00 PBIDTM(%) 114.74 55.30 107.50 133.22 94.11 41.56 97.08 122.77 -20.92

The revenue zoomed 15.12% to Rs. 182.55 millions for the quarter ended September 2018 as compared to Rs. 158.57 millions during the corresponding quarter last year.Profit for the quarter ended September 2018 rises by 57.64% to Rs. 353.93  millions from Rs. 224.52 millions.Operating profit for the quarter ended September 2018 rose to 412.00 millions as compared to 278.23 millions of corresponding quarter ended September 2017. (Rs. in Million) Quarter ended Year to Date Year ended 201809 201709 % Var 201809 201709 % Var 201803 201703 % Var Sales 182.55 158.57 15.12 350.68 303.66 15.48 642.70 545.31 17.86 Other Income 332.37 206.52 60.94 333.27 213.28 56.26 328.19 442.84 -25.89 PBIDT 412.00 278.23 48.08 500.39 351.45 42.38 623.95 669.47 -6.80 Interest 6.77 4.60 47.17 13.69 8.30 64.94 23.26 27.78 -16.27 PBDT 405.23 273.63 48.09 486.70 343.15 41.83 600.69 641.69 -6.39 Depreciation 3.04 3.33 -8.71 5.95 6.97 -14.63 12.83 14.12 -9.14 PBT 402.20 270.30 48.80 480.76 336.18 43.01 587.86 627.57 -6.33 TAX 48.27 45.78 5.44 57.91 56.20 3.04 99.97 129.58 -22.85 Deferred Tax -0.20 -8.30 -97.59 -0.33 -8.63 -96.18 -0.70 -4.49 -84.41 PAT 353.93 224.52 57.64 422.85 279.98 51.03 487.89 497.99 -2.03 Equity 142.78 142.78 0.00 142.78 142.78 0.00 142.78 142.78 0.00 PBIDTM(%) 225.70 175.46 28.63 142.69 115.74 23.29 97.08 122.77 -20.92

Rane Holdings is currently trading at Rs. 1546.45, up by 55.00 points or 3.69% from its previous closing of Rs. 1491.45 on the BSE.The scrip opened at Rs. 1447.50 and has touched a high and low of Rs. 1599.00 and Rs. 1385.00 respectively. So far 80 shares were traded on the counter.The BSE group `B` stock of face value Rs. 10 has touched a 52 week high of Rs. 2799.00 on 13-Apr-2018 and a 52 week low of Rs. 1360.00 on 28-Sep-2018.Last one week high and low of the scrip stood at Rs. 1649.00 and Rs. 1360.00 respectively. The current market cap of the company is Rs. 2146.67 crore.The promoters holding in the company stood at 46.38%, while Institutions and Non-Institutions held 18.03% and 35.60% respectively.Rane Holdings has acquired 3.75% shareholding in its subsidiary company -- Rane Engine Valve (REVL). The company has acquired 2,52,000 shares of REVL. Post-acquisition, the company holds 54.82% stake in REVL. This is part of RHL’s strategic initiative to consolidate shareholding in the subsidiary company.Rane Holdings is the holding company of Rane Group. RHL owns the trademark in Rane and provides a range of services to group companies. These include employee training and development, investor services, business development & information systems support.

The revenue zoomed 15.88% to Rs. 168.13 millions for the quarter ended June 2018 as compared to Rs. 145.09 millions during the corresponding quarter last year.Profit saw a slight increase of 24.27%to Rs. 68.92  millions from Rs. 55.46 millions.Operating profit for the quarter ended June 2018 rose to 88.39 millions as compared to 73.22 millions of corresponding quarter ended June 2017. (Rs. in Million) Quarter ended Year to Date Year ended 201806 201706 % Var 201806 201706 % Var 201803 201703 % Var Sales 168.13 145.09 15.88 168.13 145.09 15.88 642.70 545.31 17.86 Other Income 0.90 6.76 -86.69 0.90 6.76 -86.69 328.19 442.84 -25.89 PBIDT 88.39 73.22 20.72 88.39 73.22 20.72 623.95 669.47 -6.80 Interest 6.92 3.70 87.03 6.92 3.70 87.03 23.26 27.78 -16.27 PBDT 81.47 69.52 17.19 81.47 69.52 17.19 600.69 641.69 -6.39 Depreciation 2.91 3.64 -20.05 2.91 3.64 -20.05 12.83 14.12 -9.14 PBT 78.56 65.88 19.25 78.56 65.88 19.25 587.86 627.57 -6.33 TAX 9.64 10.42 -7.49 9.64 10.42 -7.49 99.97 129.58 -22.85 Deferred Tax -0.13 -0.33 -60.61 -0.13 -0.33 -60.61 -0.70 -4.49 -84.41 PAT 68.92 55.46 24.27 68.92 55.46 24.27 487.89 497.99 -2.03 Equity 142.78 142.78 0.00 142.78 142.78 0.00 142.78 142.78 0.00 PBIDTM(%) 52.57 50.47 4.18 52.57 50.47 4.18 97.08 122.77 -20.92

The March 2018 quarter revenue stood at Rs. 169.80 millions, up 13.67% as compared to Rs. 149.38 millions during the corresponding quarter last year.Profit after Tax for the quarter ended March 2018 saw a decline of -56.32% from Rs. 318.10 millions to Rs. 138.95  millions.The company reported a degrowth in operating Profit to 178.92 millions from 414.44 millions. (Rs. in Million) Quarter ended Year to Date Year ended 201803 201703 % Var 201803 201703 % Var 201703 201603 % Var Sales 169.80 149.38 13.67 642.69 545.32 17.86 545.30 508.70 7.19 Other Income 113.32 346.17 -67.26 328.20 442.84 -25.89 442.75 249.75 77.28 PBIDT 178.92 414.44 -56.83 623.95 669.47 -6.80 670.05 462.87 44.76 Interest 7.17 6.74 6.38 23.27 27.78 -16.23 27.80 22.44 23.89 PBDT 171.75 407.70 -57.87 600.68 641.68 -6.39 642.25 440.43 45.82 Depreciation 2.94 4.30 -31.63 12.83 14.12 -9.14 14.12 11.46 23.21 PBT 168.82 403.40 -58.15 587.86 627.56 -6.33 628.13 428.97 46.43 TAX 29.87 85.30 -64.98 99.96 129.58 -22.86 129.55 72.49 78.71 Deferred Tax 8.68 -1.86 -566.67 -0.71 -4.49 -84.19 -4.49 0.00 0.00 PAT 138.95 318.10 -56.32 487.89 497.99 -2.03 498.58 356.48 39.86 Equity 142.78 142.78 0.00 142.78 142.78 0.00 142.78 142.78 0.00 PBIDTM(%) 105.38 277.44 -62.02 97.08 122.77 -20.92 122.88 90.99 35.04

Rane Holdings is currently trading at Rs. 1734.75, up by 123.70 points or 7.68% from its previous closing of Rs. 1611.05 on the BSE.The scrip opened at Rs. 1630.40 and has touched a high and low of Rs. 1734.75 and Rs. 1630.40 respectively. The BSE group `B` stock of face value Rs. 10 has touched a 52 week high of Rs. 1949.90 on 19-Jun-2017 and a 52 week low of Rs. 695.00 on 15-Nov-2016.Last one week high and low of the scrip stood at Rs. 1734.75 and Rs. 1530.95 respectively. The current market cap of the company is Rs. 2,410.00 crore.The promoters holding in the company stood at 46.39%, while Institutions and Non-Institutions held 16.30% and 37.31% respectively.Rane Holdings, the holding Company of Rane group, has received an approval for acquisition of 70% shareholding in Bengaluru-based Telematics4U Services (T4U). Founded in 2009, T4U offers customized analytics-rich end-to-end telematics solutions for various transportation and asset tracking requirements in India and other countries across South Asia, Middle East and Africa. The company will pay Rs 1.17 crore for acquiring 70% equity shareholding through subscription to fresh issue of shares and share purchase from existing shareholders. In addition, the company plans to invest about Rs 27 crore over the next two years to scale up operations as it sees high revenue visibility and significant growth potential at T4U.Rane Holdings (RHL) is the holding company of Rane Group. RHL owns the trademark in Rane and provides a range of services to group companies. These include employee training and development, investor services, business development and Information systems support.

The total revenue for the quarter ended March 2017 remained nearly unchanged at Rs. 149.37 millions.The Total revenue for the quarter ended March 2017 of  Rs. 316.86  millions  grew by 131.74% from Rs. 136.73 millions.Operating profit for the quarter ended March 2017 rose to 413.19 millions as compared to 163.51 millions of corresponding quarter ended March 2016. (Rs. in Million) Quarter ended Year to Date Year ended 201703 201603 % Var 201703 201603 % Var 201603 201503 % Var Sales 149.37 143.30 4.24 636.98 640.62 -0.57 508.70 453.61 12.14 Other Income 345.51 108.62 218.09 351.07 117.84 197.92 249.75 145.82 71.27 PBIDT 413.19 163.51 152.70 670.04 462.87 44.76 462.87 339.90 36.18 Interest 6.76 7.25 -6.76 27.80 22.44 23.89 22.44 0.36 6133.33 PBDT 406.43 156.26 160.10 642.24 440.43 45.82 440.43 339.54 29.71 Depreciation 4.30 2.80 53.57 14.12 11.46 23.21 11.46 12.69 -9.69 PBT 402.13 153.46 162.04 628.12 428.97 46.43 428.97 326.85 31.24 TAX 85.27 16.73 409.68 129.55 72.48 78.74 72.49 67.62 7.20 Deferred Tax -1.86 -1.30 43.08 -1.86 -1.30 43.08 0.00 0.00 0.00 PAT 316.86 136.73 131.74 498.58 356.48 39.86 356.48 259.22 37.52 Equity 0.00 142.78 0.00 142.78 142.78 0.00 142.78 142.78 0.00 PBIDTM(%) 276.62 114.10 142.43 105.19 72.25 45.58 90.99 74.93 21.43