Rane Brake Linings Tirchy Plant starts production

CHENNAI: Rane Brake Linings has reported a sharp rise in its net profit in the three months ended June 30, 2009 at Rs. 2.66 crore against Rs. 80 lakhs in the corresponding period in the previous year. Total revenue has increased to Rs. 52.94 crore from Rs. 49.93 crore. The new plant at Tiruchirapalli, Tamil Nadu, has commenced production and reached 90 per cent of its phase I capacity.