Rain Industries Reports Strong Q1 Turnaround with ₹607 Million Profit 8 days ago
Rain Industries posted a consolidated net profit of ₹607.00 million in Q1, reversing a loss of ₹779.00 million from the previous year. Revenue grew 7.6% to ₹44.00 billion, driven by an 11% increase in Carbon segment sales volumes. EBITDA expanded to ₹6.30 billion from ₹3.70 billion, with margins improving to 14.30%. The Carbon segment saw a 14.2% revenue increase, while Advanced Materials faced headwinds. The Cement segment showed modest growth with improved EBITDA. The company is focusing on strategic initiatives including energy storage technologies and alternative raw materials. As of June 30, Rain Industries reported a gross debt of $1,044.00 million and a net debt of $853.00 million.
Rain Industries Reports Profit in Q2, Focuses on Margin Improvement and Strategic Investments 9 days ago
Rain Industries Announces Rs 1 Interim Dividend, Reports 42% Jump in Q2 Adjusted EBITDA 9 days ago
Rain Industries Reports Mixed Q4 2023 Results: EBITDA Up, Net Loss Narrows May 08, 2025
More news about Rain Industries
27Feb 25
Rain Industries Reports Improved Q3 Performance Despite Continued Losses
Rain Industries reported a consolidated net loss of ₹161 crore for Q3, improving from a ₹1,120 crore loss in Q3 2022. Revenue decreased to ₹3,676 crore from ₹4,100 crore year-over-year. Operating profit recovered to ₹346 crore from a loss of ₹611.8 crore last year. EBITDA improved to ₹382.7 crore from negative ₹538.7 crore. Operating Profit Margin rose to 9.41% from -14.92%. Despite ongoing challenges, the company's financial metrics show significant year-over-year improvements, indicating effective cost management and operational efficiency measures.
Rain Industries Limited announced its Q4 and full-year 2024 financial results, showing resilience despite market volatility. Q4 revenue decreased 10.4% YoY to ₹36.76 billion, but net loss improved to ₹1.61 billion from ₹11.19 billion in Q4 2023. Adjusted EBITDA for Q4 increased 40.3% to ₹3.90 billion. Full-year 2024 revenue fell 15.3% to ₹153.74 billion, with a net loss of ₹4.50 billion. The Carbon segment saw improved volumes, Advanced Materials segment revenue grew 7.2%, while the Cement segment faced challenges. The company implemented cost efficiency measures and refinanced its debt to navigate market uncertainties.