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Rain Industries Ltd Q3FY24; 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 Q3FY24 of ₹4,101.00 Crores down from ₹5,457.00 Crore year on year, a fall of 24.85%.

Total Expenses for Q3FY24 of ₹5,152.00 Crores down from ₹5,168.00 Crores year on year, a fall of 0.31%.

Consolidated Net Profit of -₹1,079.00 Crores from ₹126.00 Crores in the same quarter of the previous year.

The Earnings per Share is -₹33.26, from ₹2.66 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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