Rain Industries has reported results for second quarter ended June 30, 2020.
The company has reported net loss of Rs 0.37 crore for the quarter under review as against net profit of Rs 2.77 crore for the same quarter in the previous year. Total income of the company decreased 21.19% at Rs 12.98 crore for June quarter as compared Rs 16.47 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported 76.55% fall in its net profit of Rs 34.41 crore for the quarter under review as against Rs 146.76 crore for the same quarter in the previous year. Total income of the company decreased by 29.19% at Rs 2387.39 crore for June quarter as compared Rs 3371.37 crore for the corresponding quarter previous year.
