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Rain Industries Ltd Q2FY24; 25% fall in Revenue

Rain Industries Limited (RAIN) is a leading vertically integrated producer of carbon, cement and Advanced materials products. Headquartered in India, RAIN has manufacturing facilities in eight countries across three continents.

Financial Results:

Rain Industries Ltd reported Revenues for Q2FY24 of ₹4,160.00 Crores down from ₹5,577.00 Crore year on year, a fall of 25.41%.

Total Expenses for Q2FY24 of ₹4,229.00 Crores down from ₹4,996.00 Crores year on year, a fall of 15.35%.

Consolidated Net Profit of -₹66.00 Crores from ₹429.00 Crores in the same quarter of the previous year.

The Earnings per Share is -₹2.68, from ₹11.99 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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