Rane Brake Lining Limited announced unaudited earnings results for the third quarter and nine months ended December 31, 2013. For the quarter, the company reported net sales (net of excise duty) of INR 928.038 million against INR 934.64 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 34.03 million against INR 38.06 million a year ago. Profit from ordinary activities before tax was INR 18.12 million against INR 24.38 million a year ago. Net profit was INR 24.54 million against INR 10.12 million a year ago. Basic and diluted earnings per share were INR 3.10 against INR 1.28 a year ago. EBITDA at INR 83.8 million.

For the nine months, the company reported net sales (net of excise duty) of INR 2,750.89 million against INR 2,752.46 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 106.607 million against INR 107.75 million a year ago. Profit from ordinary activities before tax was INR 64.85 million against INR 80.408 million a year ago. Net profit was INR 76.98 million against INR 51.545 million a year ago. Basic and diluted earnings per share were INR 9.73 against INR 6.50 a year ago.