Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Rain Industries Limited ( (IN:RAIN) ) has provided an announcement.
Rain Industries Limited has announced its audited financial results for the fourth quarter and the year ending December 31, 2024. The company reported a revenue from operations of ₹36.76 billion for Q4 and ₹153.74 billion for the entire year. Despite these figures, Rain Industries faced financial challenges, with an adjusted net loss after tax of ₹1.21 billion for Q4 and ₹4.42 billion for the year. The results indicate a decrease in profitability compared to the previous year, reflecting ongoing challenges in the market and operational adjustments that may impact stakeholders.
More about Rain Industries Limited
Rain Industries Limited operates in the manufacturing sector, primarily focusing on the production of carbon, cement, and advanced materials. The company serves various industries by providing essential raw materials and has a significant presence in the global market.
YTD Price Performance: -28.02%
Average Trading Volume: 126,936
Current Market Cap: 42.38B INR
Find detailed analytics on RAIN stock on TipRanks’ Stock Analysis page.