Rane Brake Lining Ltd. (RBL) reported a 71% improve in standalone internet revenue for the quarter ended June from the year-earlier interval to ₹9 crore as a result of robust progress pushed by demand from the two-wheeler and passenger autos segments.
Income from operations rose 5% to ₹160 crore, the main producer of brake linings, disc pads and clutch facings mentioned in an announcement.
Gross sales to unique tools buyer grew 8%. Gross sales to aftermarket prospects declined 4%. Liquidity points available in the market coupled with excessive stock with distributors led to decrease gross sales. Export gross sales grew 29%.
