Rain Industries Limited reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was INR 52,534.94 million compared to INR 44,365.39 million a year ago. Revenue was INR 52,782.93 million compared to INR 44,534.77 million a year ago.

Net income was INR 1,053.72 million compared to INR 2,774.37 million a year ago. Basic earnings per share from continuing operations was INR 3.13 compared to INR 8.25 a year ago.