BRIEF-India's Rane Brake Linings Sept Quarter Profit Rises

  • Reuters
  • Stock Market News
BRIEF-India's Rane Brake Linings Sept Quarter Profit Rises
Credit: © Reuters.

Oct 15 (Reuters) - Rane Brake Linings Ltd RABL.NS :

* SEPT QUARTER PROFIT 115.3 MILLION RUPEES VERSUS 74.6 MILLION RUPEES YEAR AGO

* SEPT QUARTER REVENUE FROM OPERATIONS 1.05 BILLION RUPEES VERSUS 1.09 BILLION RUPEES YEAR AGO

* RANE BRAKE LININGS - TO BUY BACK SHARES UP TO 220 MILLION RUPEES AT MAXIMUM PRICE OF 825 RUPEES/SHARE

* RANE BRAKE LININGS - CAUTIOUSLY OPTIMISTIC ABOUT SUSTENANCE OF DEMAND POST FESTIVE SEASON

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