EconomyCompanies
Rain Industries posts ₹243 crore profit for July to September, declares 50 paise dividend
The Hyderabad-based carbon and chemicals group earned ₹5,486 crore in revenue in the quarter and set November 13 as the record date for its second interim dividend.
Key points
- Consolidated net profit was ₹243.28 crore for July to September.
- Consolidated revenue from operations came to ₹5,485.90 crore.
- The board declared a second interim dividend of 50 paise a share, record date November 13.
Rain Industries, the Hyderabad-based maker of carbon products and chemicals, on Friday evening reported a consolidated net profit of ₹243.28 crore for July to September, and its board declared a second interim dividend for the year.
Consolidated revenue from operations in the quarter came to ₹5,485.90 crore, and profit before tax was ₹358.02 crore. Total comprehensive income, which also counts gains and losses that do not pass through the profit and loss account, such as currency movements on its overseas businesses, was higher at ₹352.30 crore.
Rain follows a January to December financial year, so these are its results for the third quarter of 2026. The board also approved the figures for the nine months to September 30.
Dividend
The board declared a second interim dividend of 50 paise on each share of ₹2 face value, a payout of 25%. Shareholders on the company’s books on Friday, November 13, will receive it.
Parent and group
Most of Rain’s business sits in its subsidiaries, which make calcined petroleum coke, coal tar pitch and other carbon and chemical products used by aluminium smelters, steel plants and industry, with large operations in Europe and North America. The parent company on its own reported revenue of only ₹23.32 crore but a standalone net profit of ₹34.79 crore, helped by income beyond its own sales.
The auditors, S.R. Batliboi & Associates, gave an unmodified opinion in their limited review of the results.