- All
- Important
- Financial Update
- Fund Raise
- Board Meeting
- Dividend/Bonus
- JV/Acquisition
- Investor Meet
- Insider Trade
- Pledging
- Others
Loading...
RAIN Industries has announced a board meeting to review the financial results for the quarter and half-year. Consolidated net revenue rose 2.4% YoY to ₹3746 Cr, driven by a 10.8% revenue increase in Carbon segment from higher CPC volumes after import restrictions eased. Adjusted EBITDA improved by ₹108 Cr, mainly from Carbon gains, offsetting declines in Advanced Materials and Cement segments. Challenges include raw material shortages impacting Advanced Materials in Europe and a 21.5% revenue drop in Cement due to volume and pricing pressures. Debt stands at $989M, with net debt/EBITDA at 4.5x. Strategic initiatives target EV battery materials growth via US CPC imports, global blending, and a new Canada R&D facility.