Rane Group’s FY 2020 revenue falls 17.4% y/y to USD589.7 million
Revenue from Indian OE customers fall by 22% y/y owing to lower volumes across vehicles segments
Rane Holdings Limited, the holding company of Rane Group, has reported a 17.4% year-on-year (y/y) decline in total net revenues to INR44.4 billion (about USD589.7 million) for the fiscal year ended 31 March 2020, according to a company press release on 24 June.
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