Rain Industries Limited has announced the outcome of its Board Meeting held on February 27, 2026. The Board approved the Audited Standalone Financial Results for the Quarter and Financial Year ended December 31, 2025, along with the Auditors’ Report, which confirmed an unqualified opinion. Furthermore, the Board has decided to convene the 51st Annual General Meeting (AGM) electronically on Tuesday, May 12, 2026, at 11:00 A.M.
Financial Results and Auditor Confirmation
The Board of Directors of Rain Industries Limited formally approved the Audited Financial Results, encompassing Standalone, Consolidated, and Segment figures, for the Quarter and Full Financial Year ended December 31, 2025. This information was presented pursuant to applicable regulations, and the accompanying Auditors Report from S. R. Batliboi & Associates LLP confirmed an unqualified opinion on these audited results.
Key Standalone Financial Performance Highlights (Q3 vs. Previous Periods)
The financial statements provided a detailed comparison of performance:
- Total Income (Standalone): For the quarter ended December 31, 2025, Total Income stood at ₹453.15 Million, compared to ₹621.43 Million in the corresponding quarter last year (December 31, 2024).
- Net Profit for the Period (Standalone): The quarter resulted in a Net Profit of ₹6.31 Million, significantly lower than the ₹161.33 Million reported in Q3 FY2024.
- Year Ended Performance: For the full year ended December 31, 2025, Total Income was ₹1,439.53 Million, with a resulting Net Profit of ₹94.46 Million, contrasting sharply with the ₹389.45 Million net profit achieved in the previous year.
AGM and Corporate Governance Update
The Board has scheduled the 51st Annual General Meeting (AGM) of Shareholders to be held electronically via Video Conferencing (“VC”) / Other Audio Visual Means (“OAVM”) on Tuesday, May 12, 2026, at 11:00 A.M., in compliance with recent Ministry of Corporate Affairs circulars.
Important Notes from Auditors and Management
Management highlighted significant points within the notes accompanying the results:
- Geopolitical Uncertainty: Management continues to monitor the impact of geopolitical conflicts, particularly concerning its Russian entities, but currently does not foresee a significant adverse impact on the standalone results.
- Regulatory Compliance for Subsidiaries: Challenges persist regarding regulatory filings for a step-down subsidiary in Cyprus (Severtar Holding Limited), although management is actively pursuing regularization, including for the re-domiciled entity in Kaliningrad.
- New Labour Codes Impact: Assessment of the newly notified Indian Labour Codes resulted in a net increase in gratuity and compensated absences liabilities amounting to INR 5.84 Million for the quarter and year ended December 31, 2025.
- Foreign Operations Translation: Exchange differences related to net investment in foreign operations are recognized through Other Comprehensive Income (OCI).
Consolidated Financial Context
The Consolidated results indicate significant volatility:
- Consolidated Net Loss: The Group reported a significant Net Loss of ₹1,336.92 Million for the quarter ended December 31, 2025, compared to a loss of ₹819.10 Million in the prior year’s quarter.
- Full Year Consolidated Performance: The consolidated financial year ended December 31, 2025, resulted in a Net Loss of ₹1,358.94 Million, a major deterioration from the ₹4,345.66 Million net profit recorded in the year ended December 31, 2024.
Source: BSE
