ImportantGeneral Updates
Rain Industries has announced a board meeting on the financial results for the quarter and half-year.
Rain Industries LimitedRAIN · Filed with the exchange
Q1 revenue was ₹3,768 Cr with adjusted EBITDA of ₹434 Cr, despite an adjusted net loss of ₹98 Cr (loss per share ₹2.91). Carbon segment performed well on volume and margin gains, while Advanced Materials and Cement saw declines due to weak demand and higher costs.
The company repaid $44 million of senior notes and holds $278 million in liquidity.
Raw material sourcing and capacity expansion initiatives are underway to drive growth.
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