New Delhi, Jan. 31 -- Rane Madras declared their Q3 results on 30 Jan, 2025, reporting a topline increase of 0.11%. However, the company faced a loss of Rs.0.22Cr, a significant decline from a profit of Rs.9.09Cr reported in the same period last fiscal year. Notably, the revenue also declined by 1.4% compared to the previous quarter.

The Selling, general & administrative expenses saw a rise of 0.77% quarter-over-quarter and increased by 5.49% year-over-year, indicating higher operational costs that could be impacting the bottom line.

Operating income was reported up by 6.62% compared to the previous quarter but showed a significant decrease of 41.49% year-over-year, highlighting a challenging year for the company. The earnings per share...