Rain Industries Limited reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was INR 36,702.36 million compared to INR 52,534.94 million a year ago. Revenue was INR 37,238.95 million compared to INR 52,782.93 million a year ago.

Net loss was INR 1,458.67 million compared to net income of INR 1,053.72 million a year ago. Basic loss per share from continuing operations was INR 4.34 compared to basic earnings per share from continuing operations of INR 3.13 a year ago. Diluted loss per share from continuing operations was INR 4.34 compared to diluted earnings per share from continuing operations of INR 3.13 a year ago.