Shares of Rain Industries surged over 10% on August 7 to ₹167.36 after the company posted a sharp turnaround in its Q1FY25 earnings, backed by robust operational performance and margin expansion.
The stock opened at ₹161.99 and hit an intraday high of ₹167.99, compared to the previous close of ₹152.13. Over 8.5 crore shares were traded on the NSE, indicating strong investor interest.
Rain Industries Q1 earnings:
Rain Industries reported a consolidated net profit of ₹60.7 crore for Q1FY25, compared to a loss of ₹77.9 crore in the same quarter last year. Revenue rose to ₹4,400 crore from ₹4,090 crore YoY, while EBITDA jumped 70.5% YoY to ₹630 crore from ₹370 crore. The company’s EBITDA margin improved to 14.3% from 9.02% in the year-ago period.
Strategic commentary:
The company attributed its improved margins and profitability to strategic actions including CPC price resets, alternative raw material sourcing, energy cost controls in Europe, and R&D initiatives into biocarbon and advanced materials. Rain Industries also noted that it has no term debt maturities until 2028, strengthening its balance sheet visibility.
The stock is now trading close to its 52-week high of ₹197, with current levels well above its 52-week low of ₹117.06.
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