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Rane Brake Lining profit soars 26% despite demonetization
Rane Brake Lining (RBL) informed that its net profit increased by 26% to INR 99.8 million in third quarter of fiscal year 2016-17. Its total operating income was also increased by 7% to INR 1.2 billion. During the quarter, RBL witnessed strong demand from the passenger vehicle and commercial vehicle segments. Its aft....
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