RAIN Industries Limited announced a substantial 77% increase in its profit after tax for the third quarter ended September 30, 2026, reaching ₹2.04 billion. The company also saw a 23% rise in revenue to ₹54.86 billion year-on-year, driven by higher sales prices and improved performance across its Carbon and Advanced Materials segments. Adjusted EBITDA grew by 32% to ₹8.57 billion, reflecting effective cost control and strategic initiatives.
RAIN Industries Delivers Strong Q3 Performance
RAIN Industries Limited has reported a significant financial uplift in its third quarter results for the fiscal year 2026, ending September 30, 2026. The company announced a profit after tax of ₹2.04 billion, marking an impressive 77% increase compared to the same period last year. This strong bottom-line performance was supported by a robust top-line growth.
Revenue and EBITDA Growth
Revenue from operations for the quarter saw a substantial increase of 23% year-on-year, reaching ₹54.86 billion. This growth was primarily attributed to higher sales prices across various products, though partly offset by lower volumes. The company’s Adjusted EBITDA also demonstrated strong momentum, rising by 32% year-on-year to ₹8.57 billion. This improvement was underpinned by steady performance and effective cost control measures implemented within its Carbon and Advanced Materials segments.
Segmental Performance Highlights
The Carbon segment delivered a net revenue of ₹39.79 billion in Q3 2026, a year-on-year increase of 21.8%, driven by improved realisations. Its Adjusted EBITDA saw a 38% improvement. The Advanced Materials segment recorded a net revenue of ₹11.36 billion, a 27.5% increase, with Adjusted EBITDA growing by 42%. The Cement segment’s net revenue increased by 12.0% to ₹3.09 billion, driven by higher volumes, although margins were impacted by increased energy and freight costs.
Financial Position and Outlook
As of the end of the third quarter, RAIN Industries maintained a healthy liquidity position with ₹165 million US dollars in cash and ₹180 million US dollars undrawn on its revolving credit facility, totalling ₹345 million US dollars. The company highlighted that its operating conditions across all three segments remain challenging due to geopolitical factors and market dynamics. However, the strategic actions taken throughout the year have strengthened its ability to manage these difficulties, with a focus on returning to historical earnings levels. Management remains vigilant in monitoring operations and is cautiously optimistic about navigating the current environment through disciplined execution of its strategy.
Source: BSE
