RANEHOLDIN2024-07-012024-09-30 RANEHOLDIN2024-07-012024-09-30 RANEHOLDIN2024-07-012024-09-30in-bse-fin:OneOperatingExpenses01Member RANEHOLDIN2024-07-012024-09-30in-bse-fin:FourOperatingExpenses01Member RANEHOLDIN2024-09-30 RANEHOLDIN2024-07-012024-09-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member RANEHOLDIN2024-07-012024-09-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss02Member RANEHOLDIN2024-07-012024-09-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss03Member RANEHOLDIN2024-07-012024-09-30in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member RANEHOLDIN2024-07-012024-09-30in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss02Member RANEHOLDIN2024-07-012024-09-30in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss03Member RANEHOLDIN2024-07-012024-09-30in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member RANEHOLDIN2024-07-012024-09-30in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 505800 RANEHOLDIN NOTLISTED Rane Holdings Limited Equity 2024-04-01 2025-03-31 2024-11-05 2024-09-30 INR Lakhs Half yearly 11:33:00 13:29:00 2024-11-05 2024-11-05 true Cash Flow Indirect Not applicable Single segment The Company holds strategic investments in subsidiaries and joint ventures (collectively called the Group), engaged primarily in manufacturing / marketing of components and providing technological services for the transportation industry, mainly the automotive sector and also provides management information technology and business development services to the Group 2024-07-01 2024-09-30 Unaudited Consolidated 9165000000.00 35100000.00 9200100000.00 5518500000.00 29400000.00 -261200000.00 1275200000.00 199200000.00 351200000.00 1790800000.00 8903100000.00 297000000.00 2135000000.00 2432000000.00 185900000.00 439100000.00 625000000.00 0.00 1807000000.00 0.00 0.00 0.00 47000000.00 1854000000.00 8700000.00 1862700000.00 1776800000.00 77200000.00 1794800000.00 67900000.00 142778000.00 10 124.44 124.44 0.00 0.00 124.44 124.44 8 RNSS (one of the JV / associate entities till Sep 18,24), has been incurring warranty claims with ... RNSS has determined the provision for warranty amount based on technical estimates… Share of profit / (loss) of JV / associate entities .. include the share of exceptional item … and an income of Rs. 445 Lac for the yr Mar 31,24 and Rs. 148 Lac for the qtr and hy Sep 30,23, in relation to sale of the scrapped parts.. 9 Exp items: a. In respect of Rt4u, an erstwhile sub Co., .. in a reduction in the carrying value aggregating to Rs.296 Lac for the hy Sep 30,23 and yr Mar 31,24 being shown as an exceptional charge.. The Co. had sold .. investment in Rt4u for a consideration of Rs.850 Lac in exchange for .. 862,505 eq. shares in eTrans representing 11.94% stake in eTrans and Rt4u ceased to be a sub of the Co. effective July 19, 23. The Grp recorded an exceptional income of Rs. 338 Lac for the qtr and hy Sep 30, 23 and yr Mar 31,24, on account of sale of Rt4u in the unaudited cfr. b. REVL, a Sub. Co. .. VRS expenditure of Rs. 9 Lac for the qtr and hy Sep 30,23 and yr Mar 31, 24. REVL has recorded a provision of Rs.31 Lac for the qtr Sep 30, 24, Rs. 400 Lac for the qtr June 30, 24, Rs. 431 Lac for the hy Sep 0, 24, Rs. 113 Lac for the hy Sep 30, 23 and Rs. 413 Lac for the yr Mar 31, 24, …. REVL has also recognised an income of Rs. 425 lac during the qtr June 30, 24 and hy Sep 30, 24. REVL .. expenses of Rs. 2 Lac for the qtr and hy Sep 30, 24 and Rs.120 Lac for the yr Mar 31, 24 towards the proposed scheme of amalgamation .. c. Pursuant to the approval of the BoD and Shareholders of RML, RMIH B.V had sold its entire stake in LMCA .. on Sep 14, 23 for a consider.. of USD 4.9 million. …, the Grp had recorded loss on sale of the aforesaid …aggregating to Rs. 8,546 Lac in the unaudited cfr as an exceptional item.., had carried out a reduction of capital in the non-convertible redeemable preference shares issued to RML.. it is eligible to claim the tax benefit …. a DTA of Rs. 11,334 Lac in the qtr and hy Sep 30, 23 and yr Mar 31, 24… RML primarily incurred provision for one time warranty related costs and VRS expenditure of Rs. 1,875 Lac for the hy Sep 30, 23 and yr Mar 31, 24. RML had recorded an expenses of Rs. 10 Lac for the qtr Sep 30, 24, Rs. 6 Lac for the qtr June 30, 24, Rs. 16 Lac for the hy Sep 30, 24 and Rs.160 Lac for the yr Mar 31, 24 as exceptional items towards the proposed scheme of amalgamation. d. RBL had incurred an expense of Rs. 2 Lac for the qtr and hy Sep 30, 24 and Rs. 122 Lac for the yr Mar 31, 24 as an exceptional item towards proposed scheme of amalgamation.. e. During the qtr and hy Sep 30, 24, pursuant to a SPA, RHL acquired the balance stake of 51% held by NSK Japan in RNSS, and accordingly, RNSS .. wholly owned sub of RHL .. Sep 19, 24. .. renamed as RSSL. The fr of RSSL … consol by RHL on a line by line basis effective Sep 19, 24... Exceptional items aggregating to INR 21,395 lac during the qtr and hy Sep 30, 24, represents the Co.s gain. 10 The Grp had consol the fin. performance of Rt4u till July 19, 23 and the assets / liab of Rt4u were de-recognised in the consol BS on July 19, 23. 11 The Grp had consol the fin. performance of LMCA till Sep 14,23 and the assets / liab of LMCA were de-recognised in the consol BS on Sep 14,23. 12 During the yr Mar 31, 24, RML had set up a new sub namely Rane Automotive Components S. de R.L. de C.V. ..The unaudited cfr include the fin. performance of this step-down sub…from the…Mar 31,24 13 RSSL became a WOS… from Sep 19,24…14 ZRAI is a jv / associate entity of the Co.. i) During the yr Mar 31, 24, ZROS, a sub of ZRAI commenced operations. (ii) ZRAI acquired a sub namely TSSW on Mar 28, 24. (iii) On July 4, 24, ZLRAI ..wholly owned sub of ZRAI.15 Since the fr of RSSL has been consol on a line by line basis effective Sep 19, 24, the prior period fig are not comparable. Single segment 2024-04-01 2024-09-30 Unaudited Consolidated 17473500000.00 101000000.00 17574500000.00 10322300000.00 61800000.00 -361700000.00 2520300000.00 373700000.00 686100000.00 3386300000.00 16988800000.00 585700000.00 2136900000.00 2722600000.00 294400000.00 462100000.00 756500000.00 0.00 1966100000.00 0.00 0.00 0.00 82900000.00 2049000000.00 20900000.00 2069900000.00 1908000000.00 141000000.00 1933000000.00 136900000.00 142778000.00 10 133.63 133.63 0.00 0.00 133.63 133.63 Other Expenses 1790800000.00 Other Expenses 3386300000.00 2637000000.00 10285400000.00 638000000.00 0.00 689100000.00 595600000.00 0.00 0.00 2611400000.00 533500000.00 0.00 0.00 222000000.00 755500000.00 1430800000.00 1166300000.00 18172100000.00 6001700000.00 66800000.00 8441400000.00 419200000.00 9500000.00 8300000.00 306400000.00 9251600000.00 0.00 984300000.00 16237600000.00 0.00 0.00 34409700000.00 142800000.00 10517800000.00 10660600000.00 13297600000.00 2863600000.00 0.00 399200000.00 3262800000.00 388500000.00 17200000.00 0.00 33700000.00 3702200000.00 7657200000.00 7449900000.00 937800000.00 16044900000.00 658100000.00 687100000.00 19800000.00 0.00 17409900000.00 0.00 0.00 21112100000.00 34409700000.00 8 RNSS (one of the JV / associate entities till Sep 18,24), has been incurring warranty claims with ... RNSS has determined the provision for warranty amount based on technical estimates… Share of profit / (loss) of JV / associate entities .. include the share of exceptional item … and an income of Rs. 445 Lac for the yr Mar 31,24 and Rs. 148 Lac for the qtr and hy Sep 30,23, in relation to sale of the scrapped parts.. 9 Exp items: a. In respect of Rt4u, an erstwhile sub Co., .. in a reduction in the carrying value aggregating to Rs.296 Lac for the hy Sep 30,23 and yr Mar 31,24 being shown as an exceptional charge.. The Co. had sold .. investment in Rt4u for a consideration of Rs.850 Lac in exchange for .. 862,505 eq. shares in eTrans representing 11.94% stake in eTrans and Rt4u ceased to be a sub of the Co. effective July 19, 23. The Grp recorded an exceptional income of Rs. 338 Lac for the qtr and hy Sep 30, 23 and yr Mar 31,24, on account of sale of Rt4u in the unaudited cfr. b. REVL, a Sub. Co. .. VRS expenditure of Rs. 9 Lac for the qtr and hy Sep 30,23 and yr Mar 31, 24. REVL has recorded a provision of Rs.31 Lac for the qtr Sep 30, 24, Rs. 400 Lac for the qtr June 30, 24, Rs. 431 Lac for the hy Sep 0, 24, Rs. 113 Lac for the hy Sep 30, 23 and Rs. 413 Lac for the yr Mar 31, 24, …. REVL has also recognised an income of Rs. 425 lac during the qtr June 30, 24 and hy Sep 30, 24. REVL .. expenses of Rs. 2 Lac for the qtr and hy Sep 30, 24 and Rs.120 Lac for the yr Mar 31, 24 towards the proposed scheme of amalgamation .. c. Pursuant to the approval of the BoD and Shareholders of RML, RMIH B.V had sold its entire stake in LMCA .. on Sep 14, 23 for a consider.. of USD 4.9 million. …, the Grp had recorded loss on sale of the aforesaid …aggregating to Rs. 8,546 Lac in the unaudited cfr as an exceptional item.., had carried out a reduction of capital in the non-convertible redeemable preference shares issued to RML.. it is eligible to claim the tax benefit …. a DTA of Rs. 11,334 Lac in the qtr and hy Sep 30, 23 and yr Mar 31, 24… RML primarily incurred provision for one time warranty related costs and VRS expenditure of Rs. 1,875 Lac for the hy Sep 30, 23 and yr Mar 31, 24. RML had recorded an expenses of Rs. 10 Lac for the qtr Sep 30, 24, Rs. 6 Lac for the qtr June 30, 24, Rs. 16 Lac for the hy Sep 30, 24 and Rs.160 Lac for the yr Mar 31, 24 as exceptional items towards the proposed scheme of amalgamation. d. RBL had incurred an expense of Rs. 2 Lac for the qtr and hy Sep 30, 24 and Rs. 122 Lac for the yr Mar 31, 24 as an exceptional item towards proposed scheme of amalgamation.. e. During the qtr and hy Sep 30, 24, pursuant to a SPA, RHL acquired the balance stake of 51% held by NSK Japan in RNSS, and accordingly, RNSS .. wholly owned sub of RHL .. Sep 19, 24. .. renamed as RSSL. The fr of RSSL … consol by RHL on a line by line basis effective Sep 19, 24... Exceptional items aggregating to INR 21,395 lac during the qtr and hy Sep 30, 24, represents the Co.s gain. 10 The Grp had consol the fin. performance of Rt4u till July 19, 23 and the assets / liab of Rt4u were de-recognised in the consol BS on July 19, 23. 11 The Grp had consol the fin. performance of LMCA till Sep 14,23 and the assets / liab of LMCA were de-recognised in the consol BS on Sep 14,23. 12 During the yr Mar 31, 24, RML had set up a new sub namely Rane Automotive Components S. de R.L. de C.V. ..The unaudited cfr include the fin. performance of this step-down sub…from the…Mar 31,24 13 RSSL became a WOS… from Sep 19,24…14 ZRAI is a jv / associate entity of the Co.. i) During the yr Mar 31, 24, ZROS, a sub of ZRAI commenced operations. (ii) ZRAI acquired a sub namely TSSW on Mar 28, 24. (iii) On July 4, 24, ZLRAI ..wholly owned sub of ZRAI.15 Since the fr of RSSL has been consol on a line by line basis effective Sep 19, 24, the prior period fig are not comparable. 373700000.00 -347700000.00 -328000000.00 0.00 -157600000.00 0.00 0.00 0.00 0.00 229900000.00 0.00 -5700000.00 0.00 686100000.00 0.00 94400000.00 0.00 0.00 0.00 19700000.00 0.00 58800000.00 0.00 -393300000.00 0.00 0.00 144700000.00 0.00 0.00 257400000.00 2980000000.00 0.00 0.00 0.00 203600000.00 0.00 2776400000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 52700000.00 955700000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 452500000.00 0.00 0.00 0.00 0.00 358600000.00 40500000.00 0.00 229600000.00 0.00 -726800000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -592800000.00 548300000.00 0.00 34600000.00 487900000.00 359900000.00 0.00 0.00 -2023500000.00 26100000.00 0.00 26100000.00 396800000.00 422900000.00 Re-measurement gains / (losses) on defined benefit plans, net -30100000.00 Net gain / (loss) on fair value through other comprehensive income equity instruments 52700000.00 Share of other comprehensive loss of equity accounted investees, net -7000000.00 Re-measurement gains / (losses) on defined benefit plans, net -21700000.00 Net gain / (loss) on fair value through other comprehensive income equity instruments 49700000.00 Share of other comprehensive loss of equity accounted investees, net -7600000.00 15600000.00 20400000.00 -1900000.00 -5200000.00 Exchange differences on translating financial statements of foreign operations -8800000.00 Exchange differences on translating financial statements of foreign operations -4700000.00 -8800000.00 -4700000.00 0.00 0.00