Rain Industries Q3 2026 consolidated PAT at Rs 243.28 cr, up from Rs 130.32 cr

What the numbers show

• Net margin was 4.43% of revenue, up 152 bps from 2.91%.
• Revenue rose 22.6% while total expenses rose 19.5%.
• Cost of materials accounted for Rs 693.42 cr of the Rs 841.66 cr rise in total expenses (82%).
• Cost of materials took 56.9% of revenue, against 54.2% a year earlier.

• Revenue from operations (consolidated): Rs 5,485.90 cr vs Rs 4,475.71 cr in the quarter ended September 30, 2025 (statement of unaudited consolidated financial results, "Revenue from operations").
• Other income: Rs 35.58 cr vs Rs 35.02 cr.
• Total income: Rs 5,521.48 cr vs Rs 4,510.73 cr.
• Cost of materials consumed: Rs 3,121.36 cr vs Rs 2,427.94 cr.
• Purchases of stock-in-trade: Rs 39.32 cr vs Rs 12.80 cr.
• Changes in inventories of finished goods, work-in-progress and stock-in-trade: Rs (75.80) cr vs Rs 128.89 cr.
• Employee benefits expense: Rs 401.48 cr vs Rs 325.88 cr.
• Finance costs: Rs 266.20 cr vs Rs 237.28 cr.
• Depreciation and amortisation expense: Rs 254.14 cr vs Rs 235.68 cr.
• (Gain) / loss on foreign currency transactions and translations, net: Rs 5.07 cr vs Rs (9.70) cr.
• Other expenses: Rs 1,151.69 cr vs Rs 963.03 cr.
• Total expenses: Rs 5,163.46 cr vs Rs 4,321.80 cr.
• Profit before share of profit of associate and tax: Rs 358.02 cr vs Rs 188.93 cr.
• Share of profit of associate (net of income tax): Rs - vs Rs 2.40 cr.
• Profit before tax: Rs 358.02 cr vs Rs 191.33 cr.
• Current tax: Rs 126.31 cr vs Rs 56.22 cr.
• Deferred tax charge / (credit), net: Rs (11.57) cr vs Rs 4.79 cr.
• Total tax expense, net: Rs 114.74 cr vs Rs 61.00 cr.
• Net profit for the period: Rs 243.28 cr vs Rs 130.32 cr.
• Earnings Per Share - Basic and Diluted (Face value of INR 2/- each): Rs 6.26 (not annualised) vs Rs 3.15 (not annualised).

For the quarter ended September 30, 2026, Rain Industries Limited reported higher consolidated revenue from operations and profit compared with the corresponding quarter a year earlier, as per the statement of unaudited consolidated financial results. Revenue from operations increased to Rs 5,485.90 cr from Rs 4,475.71 cr in the quarter ended September 30, 2025, while total income rose to Rs 5,521.48 cr from Rs 4,510.73 cr.

On the cost side, cost of materials consumed increased to Rs 3,121.36 cr from Rs 2,427.94 cr, and employee benefits expense rose to Rs 401.48 cr from Rs 325.88 cr. Finance costs were Rs 266.20 cr compared with Rs 237.28 cr, and depreciation and amortisation expense was Rs 254.14 cr versus Rs 235.68 cr. Other expenses moved up to Rs 1,151.69 cr from Rs 963.03 cr. The line item "(Gain) / loss on foreign currency transactions and translations, net" showed a charge of Rs 5.07 cr in the current quarter against a gain of Rs (9.70) cr in the year-ago quarter. Total expenses increased to Rs 5,163.46 cr from Rs 4,321.80 cr.

Profit before share of profit of associate and tax stood at Rs 358.02 cr, up from Rs 188.93 cr in the corresponding prior period. There was no share of profit of associate reported in the current quarter, compared with Rs 2.40 cr a year earlier, leading to profit before tax of Rs 358.02 cr versus Rs 191.33 cr. Total tax expense, net, increased to Rs 114.74 cr from Rs 61.00 cr. Net profit for the period rose to Rs 243.28 cr from Rs 130.32 cr, and earnings per share (basic and diluted, face value of INR 2/- each, not annualised) increased to Rs 6.26 from Rs 3.15.