Rain Industries Ltd Share Price – NSE  /  BSE

Miscellaneous, Small Cap

Rain Industries will hold a meeting of the Board of Directors of the Company on 9 May 2024.

Powered by Capital Market - Live News

Rain Industries announced that the 49th Annual General Meeting (AGM) of the company will be held on 3 May 2024.

Powered by Capital Market - Live News

Revenue from operations declined 24.85% to Rs 4,100.58 crore in Q4 FY23 from Rs 5,456.81 crore recorded in the corresponding quarter previous year.

The company reported pre-tax Loss stood at Rs 979.36 crore in Q4 FY23 as against pre-tax profit of Rs 335.48 crore in Q4 FY22.

Total expenses stood at Rs 5,153.03 crore (down 0.30% YoY), cost of raw material consumed was at Rs 1,601.8 crore (down 27.53% YoY), employee benefits expenses stood at Rs 340.33 crore (down 4.09% YoY) while finance cost was at Rs 245.33 crore (up 63.67% YoY).

Rain Industries is one of the world leading producers of calcined petroleum coke , coal tar pitch and other high quality basic and specialty chemical.

The scrip fell 2.11% to end at Rs 206.35 on Friday, 23 February 2024.

Powered by Capital Market - Live News

Net loss of Rain Industries reported to Rs 1118.75 crore in the quarter ended December 2023 as against net profit of Rs 89.52 crore during the previous quarter ended December 2022. Sales declined 24.85% to Rs 4100.58 crore in the quarter ended December 2023 as against Rs 5456.81 crore during the previous quarter ended December 2022.

For the full year,net loss reported to Rs 937.91 crore in the year ended December 2023 as against net profit of Rs 1438.65 crore during the previous year ended December 2022. Sales declined 13.66% to Rs 18141.49 crore in the year ended December 2023 as against Rs 21011.00 crore during the previous year ended December 2022.

Powered by Capital Market - Live News