Chennai Based Rane Brake Lining revenue jumps to 12.7% growth
MeriCAR
FEBRUARY 12, 2023
Chennai-based Rane Brake Lining which is a key component supplier of brake linings, disc pads and clutch facings to major automakers in India, registered a 12.7 percent year-on-year (YoY) uptick in its Q3 FY2023 revenues which closed at Rs 154.6 crore (Q3 FY2022: Rs 137.2 crore). According to L Ganesh, chairman, Rane Group, “RBL had a good quarter supported by favourable demand and improved operational performance.
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