Regisrorod Officc: Tel : 91 44 2Bl1 2472" Moithri "ì 32, corhedrol Rood, Fox 9 l 44 2811 2449

Chennoi óoo ogó, URL : www.ronegroup.com

lndio.

CIN : 135999TN I 93óP1C002202

Rone Holdings L¡m¡red

RHL / SE /55 t2019-20

//Online Submission//

February 06,2020

BSE LimitedListing Centre

National Stock Exchange of India Ltd.NEAPS

ip Code: 505800 : RANEHOLDIN

Dear Sir / Madam,

Sub: Outcome of Board Meeting held on February 6, 2020 - under Regulation 30 ofSEBI LODR

Ref: Our letter no. RHL / SE / 47 I 2019-20 dated December 24,2019

This is to inform that the Board of Directors, inter alia, approved the Unaudited FinancialResults (Standalone & Consolidated) for the quarter and nine months endedDecember 31, 2019 of the Company as recommended by the Audit Committee at theirrespective meeting(s) held today (February 6,20201.

The Unaudited Financial Results (Standalone & Consolidated) of the Company for the quarterand nine months ended December 31,2019 is enclosed along with the Limited Review Reporton both Standalone & Consolidated results issued by M/s. Deloitte Haskins & Sells, CharteredAccountants, Statutory Auditor (Regulation 33).

The Unaudited Financial Results (Standalone & Consolidated) will be uploaded on the websiteof the company at www.raneqroup.com and stock exchanges at www.bseindia.com andwww.nseindia.com (Regulation 46). An 'earnings release' for the above results is alsoenclosed (Regulation 30).

The extract of the Unaudited Financial Results (Consolidated) will be published innewspapers, i.e., 'Business Standard' and 'Dinamani' in the format prescribed(Regulation 47).

The meeting of the Board of Directors commenced at 10:30 hrs (lST) and concludedat ¡z :+o hrs (lST).

We request you to take the above on record and note the compliance under above referredregulations of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015(sEBr LODR).

Thanking you.

Yours faithfully,

For Rane Holdings Limited,

Siva ChanOrasekaranSecretaryEncl: a/a

1. Unaudited Financial Resu/fs (Standalone & Consolidated) for the quañer and nine months endedDecember 3l, 201 9.

2. Extract of the Un-audited Financial Resu/fs (Consolidated) for Newspaper publícation.3. Limited Review Report (Standalone & Consolidated) for the quarter and nine months ended December 31 ,2019.4. Earnings release for the quarter and nine months ended December 31, 2019.

:.1-:,iji.- .Þ[l:I ri;-'."F:::-:ì;f.f¡5.i¡fffi¡-rÉ

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Q3ñæ19 Q!ryæ20 6ñæ19 Q3ãæ?O Q3ryær9 Qsryæ2o

Statãment oiSt-m¡arorc a Consol¡¿atão unaudited frnancial results for the Quarter enãeoino Nine monttrs ended December 31. 2019

tl-O.'. 31 2' ' " r:ii-¡T'

ctN L359991N1936PLC002202Rcgd Cl¡cc :¡AlTHR 13?. Calhcdril Rord C,Ì.¡n¡r .600 086

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3 172 Ìl

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? 995 6ù r.816 18

r 01? 91

r.9E2 Ì5

12.8¡9 ¡! 54 599 5¡ 55 r73 13 û3.ô76 t€ 1.5€ t;: il 92)3t7e

..,.'.

5¿ 96

¡75 93

1 9ô2 75

1 982 75

:::.:l

271 33

1.711 42

¡29 ô3

3.0¡2 91

3.0¿¡ 70 4.100 51 5¡.5t2 î6

È.7i0 35 a.i48 9! 26 73

91 81

567 i¡

!7i4Ì3 6 790 15 ô 7¡8 9¡

á 174 i3 ô ìSû 35 8.743 9j

j:,

571 ¡1 ô50 ¡8 1 1126:¡.203 32 5 939 67 7 636 3:

29 60 (;9 68) 30 02 ¿3 û3 53.C2

1.0;? s1 1.6t1 74 4 233 3¿ 5.981 70 7.689 3:

r¡d îf,ldil¡d aud tcd

1 ::r.l 1 .: ' ',

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ì 95:0911 582 00

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statement of Standalone & Consol¡dated unaudited financial results for the Quarter ended and Nine months ended DecEmbet 31, 2019

âìso p.ovides management, informet¡on technology and business development serv¡ces to the Group.

:l The Group operales in single segment, namely, manufaclure/marketing ofcomponenls and providing technologicâl services forTransporlat¡on industry.

1ì ltem 6 - Except¡onâl items in the consolidated financial results ¡nclude the following :

¿ Volunlary Retirement Scheme (VRS) expend¡ture incuned by Rane Brâke Lin¡ng Ltd (RBL), a subsidiary company, amount¡ng to Rs. 91.40 Lakhs for the year ended March 31,2019.

Lakhs isstill underconsiderat¡on,RMLisconfidentofrecoveringthissumundertheinsurancepol¡cy.

Rs.1 ,533.70 Lakhs respeclively.

consequent ¡mpac1 in the defened tax as on that date to the results.

The inierim d¡v¡dend would be pa¡d to all el¡gible shareholders on February 26, 2020.I The prev¡ous per¡od fìgures have b€en rsgrouped wtìerever necessaryto conform to cunent period's presentat¡on.

Chennai

February 06, 2C20

For Rane Holdings Lim¡ted

L Ganesh

Chairman & Managing Director

RANE HOLDINGS L¡MITEDRegci Offrce '(¡AlTHRl l32 Cathedrat Road Chen¡ìar - 60'J OBô\.' srl us al \n..i? rânegroup com CIN L35999TN 1936Pt CC02202

Group Aggregate - Key Financiat Highl¡ghts

--1

ffi !_,¿j¡¡,,{aFi_

t t

1r

2E

a

b

c

5

; Key

1 544 40r3o !r1475 93

!r1 Bl567 14

2 994, 66r 982 751 711 42

7 816 18

4.t i4 /34 203 32

na o?4 283 34

I 835 13

6 /90 355 939 B7

5 983 701 631 7¿

For Rane Holdings Lim¡ted

L Ganesh

S. No ParticularsQuðrter ended Year ended

31.1r;o1s-1ffi¡'Jnaudited tJnauditêd

2

3

5

6

7

Tolðl lncoûre Ííoûì Operaltoôs

Net Prol,l I (L-oss) fo. lhe perod (before tax and Êxcepl¡ooal tteûls)

Nel Prof¡l / (Loss) for the peÍrod before tax (afÌer Excepttonal rtenìs)

Nel Profl / (Loss) for the penod after lax and Exceptronat rtems

AltrrbLrtâble toa Owners ol the coûÌparyb ¡lcÌì conlrollxìg ilrterÈst

Total Conìprehensrve ìnconìe for the pe¡od [Comprsng protrt / (Loss) for thepeíod (afler lax) and Other Conlprehensrve lncoùe (after tax)l

Allnb(tab e toa Orvners of lhe conlpanyb Non coñlrollng interest

Equrly Share CaprtêlEaíì ngs Per Share (of Rs 10/ eaclì) (not annu¿trsed for quaderty penods)

'1 Basrc

2 Drluted

54 599 54

1 261 43

(51 5 31

(305 30

l2B5 70

11960

(678 18

ø41il(196 47

1 427 78

(2 00

63 876 78

4 535 02

3.532 97

1 993 42

1 649 193,14 23

2 098 63

'1 697 59401 04

1 427 78

11551155

1 68.123 13

3.686 13

(628 B1

l6s4 72

1173 97(480 /5

\1 220 23

\527 60.{692 63.

1 427 7a

t1 22,

t122

1 S2 932 78

15 500 32

14 358 62

B 645 62

892 40

B 529 00

7 741 04787 96

1.427 7A

54 30

31.12.2019 31.12.2019 31.12.20

Charman &

ffiæåæã&&æ

ffimsüsãrns &a SeËãs

Chartercd Account¿llts,45V N R¿m¿ r¡ lo$,e r52, Venkar¡¿r aya¡¡ tìoad'L N¿gùr(hcnn¿Ì 600 017'limÌl N¿du, l¡di¿

let: j 91 44 6688 5000F¡x { 91 ¿4 66tìB 5050

REVÍEW REPORT' ON R.EVIEW OF INTER.IM STANDALONE

2.

l.

TNDEPENDENT AUDTTOR'SFTNANCTAL RESt-!LTS

TO T'HE BOARÞ OF DTREETOR.S OF RANE I.TOLDTNGS LTMTTËÞ

We have reviewed tlre accompanying Statement of Standalone Unaud¡ted Filrancial Results of RANËF{OLÐINGS LfMITEÞ ("tl.ìe Corìlpany"), for the quarter and nine months ended Decenìber 31, 2019("the Statenrent"), beinq submitted by the Company pursuatlt tÒ the requirement of RegLllat.ion 33of the SEBI (L¡sting Olrligations arrd Disclosure Requ¡rements) Requlat¡ons, 20l5, as anrencled,

.l-his statement, which is the responsibility of the company's N,lanagement ancl approved by tlreCompany's Board ()1' Directors, has been prepa[ed in accordance w¡th the recognition anc]measuremellt prìnciples la¡d down in the Indian Accounting Standard 34 "Interim Financial Reporting,,("lnd AS 34"), prescribed under Section 133 of the Companies Act, 207?, read with releva¡rt rulesissued thereunder and other account¡ng principles generally accepted ¡rì lndia. Our responsib¡lity isto express a conclusion on the Statement based on ouT review.

We conducted our rev¡ew of the Statement in accordance with the Standard on Rev¡ew Engagements(SRE) 2410 'Rev¡ew of Interim Finäncial Information Perfornred by the Independent Auditor of theEnt¡ty', issued by the Inst¡tute o1" Chartered Accountants of India (ICAI). A rev¡ew of interim financialinformat¡on consists of making inquiries, primarily of the Company's personne¡ responsible forf¡nancial and accounting matters, and applying analytical and other review procedures. A review issubstantially less in scol)e than an audit conducted in accordance with Standards on Auditing specifiedunder section 143(10) of the Compan¡es Act/ 2013 and consequently does not enable us to obtainassurance that we would become aware of all s¡gnificant matters that might be identified in an aud¡t,Accordingly, we do not express an audit opinion.

Based on our review conducted as stated ¡n paragraph 3 above, nothing has come to our attent¡onthat cðuses us to believe that the accompanying Statement, prepared in accordance with therecognition and measurement principles laid down in the aforesaid Indian Accounting Stat.ìdard andother accounting principles generalfy accepted in India, has not disclosed the information required tol¡e disclosed in terms of Regulation 33 of the SEBI (L¡sting Obligations and Disclosure Requirements)RegulatÌons, 2015/ as amended, including the manner in which ¡t ¡s to be disclosed, or that it containsany material misstatemetìt.

Place: ChennäiDate: February 06, 2020

For DELOITTË HASKINS & SËLL5Chartered Acco u nta nts

(l'¡rm's lìeq istratio n No.0080725)

"'l r.. . ,-, ,, . .i l. ..!,. !

ArÌãnth¡ Anìärnät¡-t( Pa rtne r)

(Menrbersh ip No. 209252)UDIN: .? .ì r ( (. ) ,., ). Àa\i\(:, r.,i{ i!\\ ?

,'.i \\i'!Xt!.!'ll\¿iì')'. \,'.ìi

i¡,::,i 1ìi.','...:l :.1]'l, l rìltirr!f,l¡1.11 1,! i

,,f,,,.,. ,!..,,i'|,..\ ì

' "

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ffiæñæË&&æ

Wæs&qËms & Sæ&äs

chartercd ^ccoLrÌltâ¡ts

^SV N fì¡n1all¿ ì-ower

ll2, Venk¡trìåray¿na lìoadl. N¿r8arChcnnai - 600 0'17'l¿milN¿du,lndi¿r

lcli +91 44 6688 5000Faxr +91 44 6688 5050

TNÐEPENÞENT AUDTTOR.'5 RËVTËW RËPÕRT ON REVTEW OF ThITERIM CONSOLTDATEÞFTNANCÏAL RFSUI-T5TO THE BOARÞ OF DTRFETOR.S E}F RANE Þ{OLÞTruGS LTMTTËD

1. We have reviewed tl.ìe accompanying Staterìent of Consolidated Unaucl¡ted FinancialResults of RANE HOLÞfNGS LÍMITED("tlìe Parent") and its subsidiaries (tfre Parentar'ìd ¡ts subsidÌaries together referred to as "the Group"), and ¡ts share of the net Iossafter tax and total comprehensive loss of its joint ventures for the quarter atrd ninerîor'ìths ended December 37, 20L9 ("the Statenìent") being submitted by the pareÍìtpursuarlt to the requirement of Regulation 33 of the SEBI (L¡sting Obligations andDisclosure Requirements) Regulations, 2015, as amended.

2. This Statement, which is the responsìbility ol'the Parent's Marìagement atìd approved bythe Parent's Boat'd of Directors/ has been prepared in accordance wlth the recogn¡t¡onand measurement pr¡nciples laid down in tl.ìe Indian Account¡ng Standard 34 "InterimFinancial Reporting" ("Ind AS 34"), prescribed under Section 133 of the Companies Act,2013 !-ead with relevant rr-rles issued therer'Inder and other accountìng princÌp!esgenerally accepted in Ind¡a. Our responsibility is to express a conclusion on theStatemcnt bascd on our review.

3. We conducted our review ol'the Statement ¡n accordance with the Standard on Rev¡ewEngagements (sRE) 2410 "Review of Interim Financ¡al Information Performed by theIndependent Auditor ol'the Entity"/ issued by the Inst¡tute of Chartered Accountants ofIndia (ICAI). A review of interim firrancial ¡nformation consists ot mal(ing inquiries,primar¡ly ol' P¿ìrent's personnel responsible for financial and accounting matters, andapplying analytical and other review procedures. A revìew is substant¡ally less in scopethan an audit conducted in accordance witlì Standards on Auditing specified underSection 143(10) of the Companies Act. 2013 and consequently does not enable us toobtain assurance that we would become aware o1' all sign¡ficant matters thal miglrt beident¡fied in an aud¡t. Accordirrgly, we do not express an audit op¡nion,

We also performed procedures ln accordance wÌth the circular issued by the SEBI underRegulat¡on 33(8) of the SEBI (L¡sting Obligations and D¡sclosure Requ¡rements)Regulations, 2015, as amended, to the extent applicable.

4. The Statement includes the results of the I'ollowing entities:

Rarìo lloldingq L inrilôd lRlll )

ßqle (Mqdfas) Limited (RlvlL)

Bq¡-ì_e-.(1.1¿!IqÐ lnt,c_!uq,t_|s!A1 .llgi!!!ts-i Itv.. l_,Je!r-e_rli|l!l-9 0li{lrl)rfe Lre Preq!]ç,.]l'8i("'_ce!l!!g-L[q L tlrylqq Fl¡tes of /\rnerica (RPDC)

BgAg E¡Slnq VALY€.!-ir¡ited (ßLV!.) ,BqLq .Þ!,ôlsç !.1!r-in"s Lrrils! (BBСlrre !'loLqilrss 4!Ì-e]:|ç.e l!e, .(ß!1,A]) _ _, ,-ReLtc Il!1,,!t-t.v_q!.9.ri¡Itg-çl (ra!)lì4 t.9 l r o.! d !U g s E q Lo p! cll!2ll (lì1]1¡_cùlì¡nc IIìW Steerinq Syslems; Pr¡vate Linrilcd (llì55l-)

Su bsid iarv of RHI5u bsìd iarry ol lllvl l-

s]lÞlidrcry ç_! ßUllsuÞg-tg.E!-y.qt BïL9u Lrsid ia ry oi'RHI-S Lr llsid ia rv of lìl-'{ls-!,ttl_9id!är y of !ìHLÞ-!,!!.2Þiqrq! y-

-o-! lllllJoìnt Ventui'e ql lll.!.1 .

loinl. Ver'ìtllre of Rlll,NSl< Steerinq S)¡stct.]ls P[iv¿ì1.c l-rnrited (IìNSSl-)

ffieãoEt*cþ{askåcns & Scåås

Based on our review condrcted and procedures performed as statecr in paragraph 3above ar'ìd based oll the cons¡deration of the review reports of the other ãudito.,referred to in paragraph 7 berow, nothing has come to our attention that causes us tobefieve that the accompanying statement, prepared in accordance with the recÒgnitionand lreasurement principles laìd down in the aforesaid Inclian Accountinc¡ Stancjarã anrjother accounting principles generafly accepted irr Indjâ, has not disclosed tlìc informationrequired to be disclosed in terms of Regulation 33 of the sEBr (Listing oblìgations andDisclosure Requrrements) Reçlulations, 2015, as amendecl, including tnJmunñer in whichit is to be disclosed, or that it contains âny rìldterial misstatet-rìent.

we draw attertion to Note No.5 (c) of the statement, in respect of the Group,s share ofan exceptional item perta¡n¡ng to a joint venture relating to provisions made towardscertain specific warranty craims based on management;s technicar est¡mate, as wãsreported by the other aLlditor , as referred to in paragraph 7 below.

Our conclusion on the Statement ¡s not ntod¡fied in respect of this matter.

we did not review the Ínterim Financiar resufts of three subs¡diaries incruded in theconsolrdated unaudited finânc¡af results, whose interim financ¡al results reflect totalrevenues of Rs.21,286.24 Lakhs and Rs.64,446.37 Lar<hs, total net profit after tax Àr.Rs 311.22 Lakhs and Rs.715.49 Lakhs and totar comprehensive ¡ncome of Rs.303.38Lakhs and Rs.673.70 Lakhs for the quarter and nine months ended December 31, 201tas considered in the statement. The consolidated unaudited f¡nancial resulis alsóincludes the Group's share of loss after tax of Rs.296.94 Lakhs and ¡oss after tax ofRs 81.77 Lakhs for the quarter and nine months ended December 31, 2019 respectiveiyand total comprehens¡ve ross of Rs.307.73 Lakhs and Rs.202.31 Lakhs f¡r the quarterand n¡ne months ended December 31, 2019 respectively, as consicJereci in thestatement, in respect of two jo¡nt ventures¡ whose interim f¡nanciar resurts have notbeen reviewed by us. These interim financ¡ar resurts have been reviewed by otheraud¡tors whose reports have been furnished to us by the fvranagement und offconclusion on the statement, in so far as it relates to the amountl and disclosuiesincluded in respect of these subsidiaries and joint venturei is based sorery on the reportsof the other auditors and the procedures performecl by us as statecl in purugruþh :aDove.

Our conclusion on the Statement is not modified in respect of these matters.

-" :-

¡ i.ll"-ririla.-'' ./::/ \f \I:'!i \i,,\i i,.lil 1,lN/\1"Í/ jrl' !\ /,t'r'. if,l¡ii9

8.

DeloitteHaskins &Sells

Place: ChennaiDate: February 6,2020

The consolidated unaudlted financial results lncludes the interim financial results of twosubsldiaries which have not been reviewed/audited by their auditors, whose interimfinancial results reflect total revenue of Rs.151.31 Lakhs and Rs.451.34 Lakhs, totalproflt after tax of Rs.6.34 Lakhs and Rs.19.60 Lakhs and total comprehensive income ofRs.9.02 Lakhs and Rs.24.37 Lakhs for the quarter and nine months ended December 31,2019 respectively as considered in the Statement. According to the informatlon andexplanations given to us by the Management, these interim ftnancial results are notmaterial to the Group.

Our Conclusion on the Statement is not modified in rcspect of our reliance on the lnterimresults certified by the Management.

For DELOITTE HASKINS & SELLSChartered Accountants

(Flrm's Registration No. 0080725)

ai-

-t,r4ur-t/Ê*;,

Ananthl Amarnath(Partner)

(Membership No. 209252)UDIN: Zo 2oq:-'52-AÊRn-\ÞS $c.t trr

ffi- Rane Holdings Limited (NSE:

RANEHOLDIN; BSE Code: 505800), the holding Company of Rane group

today announced financial performance for the third quarter (e3 Fy20) and

nine months (9M FY20) ended December 31.', 2019.

Group Aggregate Performance - Q3 FY20

' Total Net Revenue decreased by 17.0%to {1,088.1 Crore in e3 Fy20 from

T1,311.4 Crore in Q3 FY19

' EBITDA stood al {89.4 Crore as cornpared to {130.0 Crore during e3FY19. a decrease of 31 .2%

EBITDA Margin a|82% for Q3 FY20 as against 9.9% in e3 Fy19

PBT stood at {20.5 Crore for Q3 FY20 as compared to {63.8 Crore in e3FY19, a decrease of 67.9o/o

Consolidated Financials - Q3 FY20

. Total Net Revenue decreased by 14.5% to {546.0 Crore in e3 Fy20 from

{638.8 Cr in Q3 FY19

EBITDA stood at V44.4Crore as cornpared to {63.3 Crore during e3 Fy1g,

a decrease of 29.9o/o

', EBITDA Margin at8.1% for Q3 FY20 as against 9.9% in e3 Fy19- PBT stood at {12.6 Crore for Q3 FY20 as compared to {4S.4 Crore in e3

FY19, a decrease o'f 72.2%

Corporate Action- An interim dividend of {41 per equity share has been declared by the Board

of Directors on the paid-up capital of 1,42,77,809 equity shares of T10i-

each. The record date for payment of interim dividend is February 18,2020.Group's Key Business Highlights for Q3 FY20- Revenue from lndian OE customers declined by 1g%. Volume dropped

across vehicle segments.

" Revenues from lnternational customers declined by 21% due to delay in

commencemerrt of rrew business for steerirrg products and lower schedules

for valve train components and occupant safety products.

, Revenue from lndian aftermarket segment grew by 8% (comparable basis)

EBITDA margirr declined by 170 bps on account of higher employee cost

ancl lower fixed cost absorption

There was an exceptional expense of Rs. 36.3 Cr made by Rane NSK forincrenrental provision towarcls procluct warranty claim

"The Grou¡t's aggregate sa/es r¡¡as intpactecl on account of slowdown in

Itñiatt autotnotive seEnetú attd drop itt volutne hont select international

c¿rslornerc. The group cotnpatries contittued to focus on cost savlngs and

operational improventent initiatives to navigate the chattenging nrarket

ettvirott t¡te ttt."

L. Ganesh, Chairman & Managing Director, Rane Holdi¡rgs Lfd.

GROUP AGGREGATE FINANCIAL PERFORMANCE

Total Net Rer,enueEBITDAltAargin (%)

1 088.1 1.311.4 -17.0%

89.4 1 30,0 -31 .2%

8.2% 9 9% -170 bps_PBT (Befqlçgrceptrq rtls) - 20

CONSOTIDATED FINANCIAL PERFORMANC E

Total Net Re\€nueEtsITDAlvlary¡n (%)

546.0 638.8 -14_s('/,,44.4 63.3 -29 9%

8.1% 9 9% -179 bpsPBT (Before exceptiorìal itetns) 12.6 45.4 -72.2,,1,

(lD ¿ Ctote tùiless olhet\.,\se tùe¡)ùot1ed)

BY MARKET (%)

lndiaAlternârkel

12

lndia OEN4 IoES. 68

BY VEHICLE SEGMENT (%}

t,4uv &

ilPV 25

Rane Holdings

:!Ï:r¡i:. -'

onì OperahonsDividend lnconìeOlher Opelatinq lnconìeOther lnconreTolal RevenueErp€nses-Cost of Llalerial Consumed-Purchss e of slock-¡n-trade-Changes ¡n ¡nventor¡es-Enìplovee Eeneñt Expense-F¡nanc-e Cosl-Deprec¡stion & Anrortization-Prolessronal Charges-lnlornlst¡on Systems e¡penses-Olher ErpendilureTotðl ErpensesPBT Þetore sh€re of prollt / (lossl ol JV & åssoc¡åtesShsre of Profit I (loss) of JV and AssoclalePBT belore €xceptionôl itemsExceptional ltenlPBTTôx Expense

506.1 c 8ì; 607 8 2 1.82f, -14.2%

92.7 87.5 5 9%20.3 15.1 34 50/o

f,681.2 f,929.3 _12.9.Á

26494

546.0

266 1

'1 497

lno ?la c

31 31)2.1

'105.9

545./0.3

12.3r2.6

-17 S-52-2.1

345 433

-11 511! 912t:i1 552j._1

117 C

619.619.¿2t 'l

45.4-10.035.3'15 4

-22.9X)-57 8+6184 C+tr

-3 3ì62.2Xr

-c 9}(r31.4+b

-3b.us-9 4$b

-1 1.gri-98.61-52.8+ó-T2.2jt

842 fr

6621 1

339 3?o o

¡ì3 621 5

64313 4

1,683.9-2.139536.9

-43 1

,6.303

I,C39 1

15 3aa1

33Ê' 2355!12 518 C

84353 2

1,871.058.49e'.8,

155.0-11.4143.657 1

-18 9%-56 8o/¿'180.1 r,/{,

09%95%1 2t+,

1S 5%-23 50Á- 1

-1 3o/t,

-'t 0.0?ô.104.6'¡i-59 1%-7 6.2l',

39.¿ -ll Eï;5I 598%

551.7 l.Oli

2BC E -5."Y123 -4ù 11(;

51 BB.9r¡l'112 B -:l 2*j

1-l 4 .4 4r:l1 : ¡:ì;¡5 -42{.24 ,3.8}b

ù9.5 E 5Ìr)55¡¡.8 -1.61ù-3.0 to8.8!i

1 't.5 7 5+68.s 49.3ri

-23.I.15.5 66.7!i-4 6 53.ÌX

2l 'J -2.4+í)4.2 1:4 3%

638.8 14.5]¡

-r 14.61¡-113 6%

,104.¿1..ô

-99 50ó-11

(ln ( Crore. ¿rniess othei'wlse tnettioned. The sum of sLtb-segment amoults may not eqLtal the total amoLillts clue to routtding off)

7

Rane Holdings Limited (RHL) is the holding company of Rane Group.RHL owns the trademark in Rane and provides a wide range ofservices to group Companies. These include employee training,developmenl, investor services, business development andinformation system supporl,

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Headquartered in Chennai, lndia. Rane Group is engaged primarily inmanufactur¡ng auto components for well over f¡ve decades. Rane Groupis a preferred supplier to major OEMs in lndia and abroad. Through itsgroup companies, it provides Steering and Suspension systems, Frict¡onmaterials, Valve train components, Occupant safety systerns, Die-castingproducts and Connected mobility solutions. lts products serve a variety ofindustry segments including Passenger Vehicles, Commercial Vehicies,Farm Tractors. Two-wheelers, Three-wheelers. Railways and StationeryEngines.

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