Rain Industries Limited announced the declaration of an interim dividend of ₹1.00 per equity share, representing a 50% payout on its face value. This decision was made alongside the approval of the company’s unaudited standalone and consolidated financial results for the second quarter and half-year ended June 30, 2026. The company reported a net profit of ₹12.26 crore for the quarter and ₹23.46 crore for the half-year.
Financial Results and Dividend Approval
The Board of Directors of Rain Industries Limited, in its meeting held on August 6, 2026, approved the company’s unaudited financial results for the second quarter and half-year ended June 30, 2026. The standalone results showed a net profit of ₹12.26 crore for the quarter and ₹23.46 crore for the half-year.
Interim Dividend Declared
In a significant move for shareholders, the Board also declared an interim dividend of ₹1.00 per equity share. This dividend represents a 50% payout on the face value of ₹2 per equity share for the financial year ending December 31, 2026. The company has set Friday, August 14, 2026, as the record date for determining eligible shareholders for this interim dividend.
Director Re-appointment
The Board also approved the postal ballot notice for the re-appointment of Mr. Robert Thomas Tonti as an Independent Director for a period of 5 years, from October 31, 2026, to October 30, 2031. This re-appointment is subject to shareholder approval.
Auditor’s Report
The financial results were accompanied by a Limited Review Report from S. R. Batliboi & Associates LLP, Chartered Accountants, the company’s Statutory Auditors. The auditors issued an unmodified opinion on the unaudited financial results.
Source: BSE
