Auto Parts & Equipment company Rane Holdings announced Q1FY23 Result : Total Revenue was Rs 821.1 Crore in Q1 FY23 compared to Rs 531.9 Crore in Q1 FY22, an increase of 54.4% EBITDA stood at Rs 56.9 Crore compared to Rs 23.4 Crore during Q1 FY22, an increase of 143.8% EBITDA Margin at 6.9% for Q1 FY23 against 4.4% in Q1 FY22 PBT stood at Rs 30.7 Crore for Q1 FY23 compared to Rs 19.6 Crore in Q1 FY22, an increase of 56.5% "The group companies benefited from the favourable demand environment across the market segments. Higher volumes and improved operational performance helped drive profitability. Demand environment in India looks encouraging for the upcoming quarter. We remain cautiously optimistic given the evolving economic situation globally." - L. Ganesh, Chairman & Managing Director, Rane Holdings Ltd Result PDF