Hot Pursuit     29-Apr-21
Rain Ind rises after strong Q1 performance
Rain Industries gained 2.74% to Rs 184 after the company's consolidated net profit jumped 103% to Rs 231.13 crore on 3.8% rise in revenue from operations to Rs 3007.73 crore in Q1 March 2021 over Q1 March 2020.

On the segmental front, revenue from carbon was Rs 2140.16 crore (up 3.7% YoY), revenue from advanced materials was Rs 716.66 crore (down 10.4% YoY) and revenue from cement was Rs 334.94 crore (up 37.2% YoY) in the first quarter.

Profit before tax in Q1 March 2021 stood at Rs 314.21 crore, up 94.7% from Rs 161.42 crore in Q1 March 2020.

Rain Industries is a vertically integrated global producer of a diversified portfolio of products that are essential raw materials. It operates in three business segments: Carbon, Advanced Materials and Cement.

Previous News
  Rain Industries consolidated net profit declines 53.01% in the September 2019 quarter
 ( Results - Announcements 14-Nov-19   15:35 )
  Rain Industries consolidated net profit declines 75.22% in the June 2023 quarter
 ( Results - Announcements 05-Aug-23   07:33 )
  Rain Industries to discuss results
 ( Corporate News - 28-Jun-24   17:56 )
  Rain Industries reports standalone net loss of Rs 0.87 crore in the September 2019 quarter
 ( Results - Announcements 14-Nov-19   14:55 )
  Rain Industries consolidated net profit rises 34.51% in the March 2022 quarter
 ( Results - Announcements 05-May-22   08:18 )
  Rain Industries to convene AGM
 ( Corporate News - 01-Mar-23   10:03 )
  Rain Commodities net profit declines 44.69% in the March 2013 quarter
 ( Results - Announcements 13-May-13   18:18 )
  Rain Industries receives revision in ratings from India Ratings and Research
 ( Corporate News - 31-Aug-20   17:14 )
  Rain Industries reports net loss of Rs 3.49 crore in the September 2013 quarter
 ( Results - Announcements 18-Nov-13   10:11 )
  Rain Industries announces cessation of director
 ( Corporate News - 12-Jun-23   09:39 )
  Rain Industries consolidated net profit declines 72.60% in the March 2019 quarter
 ( Results - Announcements 08-May-19   16:03 )
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