Petrochemicals company Rain Industries announced consolidated Q2CY23 results: Net revenue of Rs 46.21 billion during Q2CY23 was a decrease of ~16.4% as compared to Rs 55.27 billion in Q2CY22. During Q2CY23, the adjusted EBITDA was Rs 6,750 million, a decrease of Rs 5,770 million as compared to the adjusted EBITDA of Rs 12,520 million achieved during Q2CY22. Finance costs were Rs 1.69 billion during Q2CY23 as compared to Rs 1.22 billion in Q2CY22. The company recorded an income tax expense of Rs 1.07 billion for Q2CY23 as compared to Rs 1.94 billion for Q2CY22 The Adjusted Profit After Tax during Q2CY23 was Rs 1.91 billion as compared to Rs 6.96 billion during Q2CY22. The company achieved adjusted earnings per share of Rs 5.67 during Q2CY23 as compared to adjusted earnings per share of Rs 20.70 during Q2CY22. Result PDF
Conference Call with Rain Industries Management and Analysts on Q1FY23 Performance and Outlook. Listen to the full earnings transcript.
Petrochemicals firm Rain Industries declares Q4FY22 result: Revenue from Operations was Rs 44.37 billion vs Rs 30.08 billion in Q1 2021. Adjusted EBITDA was Rs 8.35 billion vs Rs 6.35 billion in Q1 2021 Adjusted Net Profit After Tax was Rs 3.04 billion vs Rs 2.15 billion in Q1 2021. Adjusted EPS was Rs 9.05 vs Rs 6.40 in Q1 2021 Result PDF