Leading vertically integrated manufacturer of carbon, cement, and advanced materials products is Rain Industries Limited (RAIN). RAIN, which is based in India, has production sites spread across eight nations and three continents.
Financial Results:
- Rain Industries Limited reported Total Income for Q4FY23 of ₹ 5,278 Crores up from ₹ 4,453 Crore year on year, a rise of 19%.
- Total Expenses for Q4FY23 of ₹ 5,075 Crores up from ₹ 3,963 Crores year on year, rise of 28%.
- Consolidated Net Profit of ₹ 142 Crores, down 55% from ₹ 314 Crores in the same quarter of the previous year.
- The Earnings per Share is ₹ 3.13, down 62% from ₹ 8.25 in the same quarter of the previous year.