Rain Industries Ltd posts consolidated loss of Rs. 145.86 crores in Q1 CY2024

Rain Industries Limited has reported Consolidated financial results for the period ended March 31, 2024.

Financial Results (Q1 CY2024) - QoQ Comparison

The company has reported total income of Rs. 3723.895 crores during the period ended March 31, 2024 as compared to Rs. 4172.485 crores during the period ended December 31, 2023.

The company has posted net profit / (loss) of Rs. -145.867 crores for the period ended March 31, 2024 as against net profit / (loss) of Rs. -1118.752 crores for the period ended December 31, 2023.

The company has reported EPS of Rs. -4.34 for the period ended March 31, 2024 as compared to Rs. -33.26 for the period ended December 31, 2023.

Financials	Q1 CY2024	Q4 CY2023	% Change
Total Income	₹ 3723.895 crs	₹4172.485 crs	-10.75%
Net Profit	₹-145.867 crs	₹-1118.752 crs	86.96%
EPS	₹-4.34	₹-33.26	86.95%

Financial Results (Q1 CY2024) - YoY Comparison

The company has reported total income of Rs. 3723.895 crores during the period ended March 31, 2024 as compared to Rs.5278.293 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs.-145.867 crores for the period ended March 31, 2024 as against net profit / (loss) of Rs.105.372 crores for the period ended March 31, 2023.

The company has reported EPS of Rs.-4.34 for the period ended March 31, 2024 as compared to Rs.3.13 for the period ended March 31, 2023.

Financials	Q1 CY2024	Q1 CY2023	% Change
Total Income	₹ 3723.895 crs	₹5278.293 crs	-29.45%
Net Profit	₹-145.867 crs	₹105.372 crs	-238.43%
EPS	₹-4.34	₹3.13	-238.66%

Shares of Rain Industries Limited was last trading in BSE at Rs. 166.60 as compared to the previous close of Rs. 166.50. The total number of shares traded during the day was 146693 in over 2687 trades.

The stock hit an intraday high of Rs. 169.85 and intraday low of 164.00. The net turnover during the day was Rs. 24497706.00.

Source : Equity Bulls

Keywords

RainIndustries Q1CY2024 ResultUpdate