Rain Industries · NSE: RAIN · BSE: 500339

Q3 FY24 results · Oct–Dec 2023

Rain Industries reported revenue from operations of ₹4,100.58 crore (down 24.9% from Q3 FY23) and net loss of ₹1,078.87 crore for Q3 FY24 (Oct–Dec 2023), on a consolidated basis.

Consolidated · ₹ crore
Item	Q3 FY24	Q3 FY23	YoY	Q2 FY24	QoQ
Revenue from operations	4,100.58	5,456.81	−24.9%	4,160.26	−1.4%
Other income	71.91	46.99	+53.0%	48.66	+47.8%
Total income	4,172.48	5,503.81	−24.2%	4,208.92	−0.9%
Profit before share of associates & JVs and tax	(980.55)	335.20	Turned loss	(19.54)	Loss widened
Share of profit/(loss) of associates & JVs	1.19	0.28		0.00
Net profit for the period	(1,078.87)	125.98	Turned loss	(65.75)	Loss widened
Attributable to shareholders of the company	(1,118.75)	89.52	Turned loss	(90.17)	Loss widened
EPS, basic (₹)	(33.26)	2.66	Turned loss	(2.68)	Loss widened
Net margin (%)	-26.3	2.3		-1.6

This company reports a share of profit/(loss) from associates and joint ventures. BSE’s filing format records that share after tax, so it is shown on its own line. The company’s own statement may add it before its “profit before tax” line.

Standalone · ₹ crore
Item	Q3 FY24	Q3 FY23	YoY	Q2 FY24	QoQ
Revenue from operations	34.78	19.08	+82.3%	47.52	−26.8%
Other income	2.34	4.27	−45.1%	29.89	−92.2%
Total income	37.12	23.35	+59.0%	77.40	−52.0%
Profit before tax	(4.31)	(0.06)	Loss widened	23.87	Turned loss
Net profit for the period	(4.55)	0.06	Turned loss	23.38	Turned loss
EPS, basic (₹)	(0.14)	0.00	—	0.69	Turned loss
Net margin (%)	-13.1	0.3		49.2

Consolidated

Filed with BSE: 26 Feb 2024, 10:33 IST
Board meeting: 23 Feb 2024
Period: 01 Oct 2023 to 31 Dec 2023
Review status: Audited
Source: XBRL filing on BSE

Standalone

Filed with BSE: 26 Feb 2024, 10:33 IST
Board meeting: 23 Feb 2024
Period: 01 Oct 2023 to 31 Dec 2023
Review status: Audited
Source: XBRL filing on BSE