Growth in medium and heavy commercial vehicles market contributed to Rane Holdings’ consolidated net profit ruling steady during the third quarter of the current year against the comparable quarter previously. The auto components group has reported a consolidated net profit of ₹13.04 crore (₹13.71 crore) on a total income of ₹497.14 crore (₹464.05 crore) for the third quarter ended December 31, 2014.
On the BSE, the company’s shares closed 2 per cent down at ₹619 (₹631.55).