Rain Industries announces consolidated net loss of Rs 96.96 crore in the December 2021 quarter

Sales increase by 52.49% to Rs 4,026.05 crore

Net loss of Rain Industries reported at Rs 96.96 crore in the quarter ended December 2021 compared to net profit of Rs 306.95 crore in the previous quarter ended December 2020. Sales increased by 52.49% to Rs 4026.05 crore in the quarter ended December 2021 compared to Rs 2640.23 crore in the previous quarter ended December 2020.

For the full year, net profit increased by 3.94% to Rs 580.16 crore in the year ended December 2021 from Rs 558.17 crore in the previous year ended in December 2020. 10464.69 crore in the previous year ending December 2020.

DetailsQuarter endedYear endedDec. 2021Dec. 2020% Var.Dec. 2021Dec. 2020% Var.Sales4026.052640.23 52 14526.7810464.69 39 OPM %12.1214.43 16.2516.03 PBDT423.32661.93 -36 2074.571642.70 26 PBT223.46444.94 -50 1276.42850.99 50 PN-96.96306.95 PL 580.16558.17 4

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First published: Saturday, February 26, 2022. 08:15 IST

Ann J. Cox