Consolidated EBITDA jumped 81.55% to Rs 453.50 crore in Q4 December 2019 from Rs 249.80 crore in Q4 December 2018. EBITDA margin jumped to 16% in Q4 December 2019 from 7.3% posted in Q4 December 2018. Rise in EBITDA was on the back of exhausting of high-value raw materials during the previous quarter.
Meanwhile, the company has declared a dividend of Re 1 per equity share.
Shares of Rain Industries fell 0.24% to end at Rs 103.25. The scrip traded in the range of Rs 98.9 and Rs 106.65 on BSE.
Rain Industries is engaged in the business of manufacture and sale of carbon products, chemicals and cement.