Interim report
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RIL RAIN INDUSTRIES LIMITED 1/19 RIL / SES / 2026 The General Manager Department of Corporate Services BSE Limited Phiroze Jeejeebhoy Towers Dalal Street , Fort , Mumbai - 400 001 Dear Sir / Madam , Sub : Outcome of the Board Meeting - Reg . The Manager Listing Department August 6 , 2026 National Stock Exchange of India Limited Bandra Kurla Complex Bandra East , Mumbai - 400 051 Ref : 1 ) Regulation 30 , 33 & other applicable Regulations of SEBI ( LODR ) Regulations , 2015 2 ) Scrip Code : 500339 ( BSE ) and Scrip code : RAIN ( NSE ) With reference to the above stated subject , we bring to your kind notice that the Board of Directors of the Company at their meeting held on Thursday , the August 6 , 2026 , inter - alia considered and approved the following : 1 ) Un - Audited Financial Results of the Company ( Standalone , Consolidated and Segment ) for the second quarter and half year ended June 30 , 2026 along with Limited Review Report issued by S. R. Batliboi & Associates LLP , Chartered Accountants , Statutory Auditors of the Company on Un - Audited Financial Results of the Company ( enclosed as Annexure - I ) . We hereby confirm that S. R. Batliboi & Associates LLP , Chartered Accountants , Statutory Auditors of the Company have issued the Limited Review Report on Un - Audited Financial Results of the Company ( Standalone , Consolidated and Segment ) for the second quarter and half year ended June 30 , 2026 with unmodified opinion ( i.e. , unqualified opinion ) . 2 ) Declared an Interim dividend of Rs.1.00 per equity share i.e. , 50 % on a face value of Rs.2 / - per equity share fully paid up for the Financial Year ending on December 31 , 2026 ; 3 ) Fixed Friday , the August 14 , 2026 as record date for the purpose of determining the shareholders eligible for receipt of Interim Dividend for the Financial Year ending December 31 , 2026 ; and . 4 ) Approved the Postal Ballot notice for seeking consent of the Shareholders for re - appointment of Mr. Robert Thomas Tonti ( DIN : 09367847 ) as an Independent Director of the Company for a period of 5 years i.e. , from October 31 , 2026 to October 30 , 2031. The Profile of Mr. Robert Thomas Tonti is attached as Annexure - I . Postal Ballot notice is submitted separately . Regd . Office : Rain Center 34 , Srinagar Colony Hyderabad 500073 Telangana , India For Rain Industries Limited SVRR S. Venkat Ramana Reddy Company Secretary M.No. A14143 Phone : +91 ( 40 ) 40401234 Fax : +91 ( 40 ) 40401214 Email : secretarial@rain-industries.com Website : www.rain-industries.com CIN : L26942TG1974PLC001693
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/* t I * In this connection, we hereby affirm that Mr. Robert Thomas Tonli is not debarred from holding the office of Independent Director by virtue of any Order of SEBI or any other Authority. The aforesaid information is also available on the website of the Company: https://www.rain- industries.com The Board Meeting commenced at 17.00 Hours (1ST) and concluded at 20.30 Hours (1ST). This is for your information and record. Thanking you, Yours faithfully, for Rain industries Limited S. Venkat Ramana Reddy Company Secretary Regd. Office: Rain Center 34. Srinagar Colony Hyderabad 500073 Telangana. India Phone: +91 (40) 40401234 Fax: +91 (40) 40401214 Email: secretarial@rain-industries.com Website: www.rairs-iiidustries.cotT! CIN: L26942TG1974PLC001693
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t ' \ I Annex«re--I Re-appointment of Mr. Robert Thomas Tonti, as an Independent Director of Rain Industries Limited SNo Particulars Name of the Director Reason for Change Viz., appointment, resignation i-, deaths aad Date of appointment / Brief Profile (in case of appointment) •or Regd. Office: Rain Center 34. Srinagar Colony Hyderabad 500073" Telangana, India. Information Mr. Robert Thomas Tonti (DIN: 09367847) The Board of Directors at its meeting held on August 6, 2026 approved the Re-appointment of Mr. Robert Thomas Tonti (DIN: 09367847) as an Independent Director of the Company for a period of 5 years i.e., from October 31, 2026 to October 30, 2031. This appointment is subject to approval of shareholders. For a period of 5 years i.e., from October 31, 2026 to October 30, 2031. Mr. Robert Thomas Tonti (68 Years) has over 44 years of experience primarily centered on the calcining of petroleum coke and energy production with experience in oil refining and aluminium smelting. He holds a Bachelor of Science degree in Chemical Engineering from Rensselaer Polytechnic Institute, Troy, New- York, United States of America and MBA from International Institute for Management Development, Lausanne, Switzerland. Mr. Tonti was an original start-up manager of then Calciner Industries Inc. formed in 1988 and later acquired by the company. His executive experience encompasses a comprehensive range of technical and operational aspects related to calciner operations, as well as proficiency in commercial activities and adherence to US-based regulatory standards. Additionally, his expertise extends to corporate governance, ensuring effective management and organizational oversight. Notably, his executive leadership in mergers and acquisitions (M&A) includes successful acquisition, staffing, and revitalization of facilities, demonstrating his capability to drive growth and optimize operational efficiency. He is an Independent Director on the Board of in Industries Limited, Rain CII Carbon (Vizag) Limited and Rain Carbon Inc, wholly owned Phone: +91 (40)40401234 Fax: +91 (40)40401214 Email: secretarial@rain-industiies.com Website: wvAv.rain-industries.com C1N: L26942TG1974PLC001693
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Disclosure of the relationships between Directors, (in case of appointment of a Director) subsidiaries of the Company. He is a Member of Audit Committee and Nomination and Remuneration Committee of Rain Industries Limited and Member of Audit Committee of Rain Carbon Inc. He does not hold by himself or for any other person on a beneficial basis, any equity shares in the Company and he is not related to any Director or Key Managerial Personnel of the Company. Except Mr. Robert Thomas Tonti, none of the Directors on the Board or Manager or the Key Managerial Personnel of the Company or their relatives are in anyway concerned or interested financially or otherwise in the above Resolution set out at Item No. 1 of the Notice. Mr. Robert Thomas Tonti is not debarred from holding the office of Independent Director by virtue of any Order of SEBI or any other Authority Mr. Robert Thomas Tonti is not related to any Director on the Board or Manager or the Key Managerial Personnel of the Company. for Industries Limits i K g^ Venkat Raman? Company Secretary ), A14143 Regd. Office; Rain Center 34, Srinagar Colony Hyderabad 500073" Telangana, India Phone: +9! (40) 40401234 Fax: +91 (40) 40401214 Email: secretarial@rain-industries.com VV ebsite: www. rain-industries .com CIN: L26942TG1974PLC001693
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ClWfitrtif Aseiiutrfstiti 12th Floor, The Rubv 29 Senapafi B«pat Mars? Dadar (West) Uumhsi • 400 028, Indi* Tei :+91 22 6819 8Q00 Independent Auditor's Review Report on the Quarterly and Year to Date Unaudited Standalone Financial Results of Rain industries Limited, pursuant to the Regulation 33 of the SEW (Listing Obligations atist Disclosure Requirements) Regulations, 2815. as amended Review Report to The 8«aril of Directors Rain industries Limited S, We have reviewed the accompanying statement of unaudited standalone financial results of Rairt Industries Limited {the "Company") for the quarter and six months period ended June 30, 2026 (the "Statement") attached herewith, being submitted by {he Company pursuant to the requirements of Regulation 33 of the SEB1 (Listing Obligations and Disclosure Requirements) Regulations, 2015. as amended (the "Listing Regulations"). 2, The Company's Management is responsible for the preparation of the Statement in accordance with the recognition and measurement principles Said clown in Indian Accounting Standard 34, (Jnd AS 34) "interim Financial Reporting" prescribed under Section 133 of the Companies Act. 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. The Statement has been approved bv the Company's Board of Directors. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements <SRE) 2410, "Review of Interim Financial information Performed by the Independent Auditor of the Entity" issued by the Institute of Chartered Accountants of India, This standard requires thai we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material inissiateiTient. A review of interim financial information consists ol* making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantial)}' less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit Accordingly, we do not express an audit opinion. 4. Based on our review conducted as above, nothing hasecome to our attention thai causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in five aforesaid Indian Accounting Standards find AS") specified under Section 133 of the Companies Act. 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatemeni. 5. We draw attention to note 4 of the accompanying unaudited standalone financial results, which describes the uncertainties with respect to applicable regulations including sanctions arising from the matters more fully described therein. Our conclusion is not modified in respect of this matter. t ha tl -t ,\i HI ' J'l> ' ',,r.!i. , j i •> number: iCKKs'H I'•>> «)',>', < . I <- i ' !ui'l a I V i I) - 9
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LRAIN INDUSTRIES LIMITED CIN: L26942TG1974PLC001693 Regd. Off: "Rain Center", 34, Srinagar Colony, Hyderabad - 500 073, Telsngana State, India. Ph.No.040-40401234; Fax:040-40401214 Email: secretarial@rain-industries.com / www.rain-industries.com (Rupees in Millions, except per share data) Statement of Unaudited Standalone Financial Results for the Quarter and Half year ended June 30, 2026 Particulars 1 2 3 4 5 6 7 Income (a) (b) Revenue from operations Other income Total income Expenses (a) (b) (c) (e) (f) Purchases of stock-in-trade Employee benefits expense Finance costs Depreciation and amortisation expense (Gain) / loss on foreign currency transactions and translations, net Other expenses Total expenses Profit / (loss) before tax (1-2) Tax expense / (benefit), net - Current tax - Deferred tax charge / (credit), net Total tax expense /(benefit), net Net profit / (loss) for the period/vear (3-4) Other comprehensive income / (loss) (net of tax) for the period/year items that will not be reclassified to profit or loss: Remeasurements of defined benefit plans Income tax relating io items that will not be reclassified to profit or loss Total other comprehensive income / (loss) (net of tax) Total comprehensive income / (loss) for the period/year (5+6) Quarter ended June 30,2026 Unaudited 260.84 10.20 271.04 61.34 82.00 35.38 1.45 0.47 77.83 258.47 12.57 1.05 (0.74) 0.31 12.26 (1.09) 0.27 (0.821 11.44 March 31, 2026 Unaudited 415.91 5.97 421.88 180.03 96.20 34.23 1.50 034 98.22 410.52 11.36 0.15 0.01 0.16 11.20 0.45 (0.11) 0.34 11.54 June 30, 2025 Unaudited 243.06 8.48 251.54 50.62 84.39 40.58 1.42 0.61 1 71.85 249.47 2.07 0.80 (0.82) , (OJD2}_ 2.09 (0.72) 0.18 (0.54) 1.55 Half Year ended June 30, 2026 Unaudited 676.75 16.17 692.92 241.37 178.20 69.61 2.95 0.81 176.05 668.99 23.93 1.20 (O73J 0.47 23.46 (0.64) 0.16 (0.48) 22.98 June 30,2025 Unaudited 612.92 19.74 632.66 213.77 184.69 78.95 2.81 . (0.17) 177.87 657.92 0.80 (0.75) (24.51) (1.49) 0.37 (25.63) Year ended December 31, 2025 Audited 1.306.21 133.32 1,439.53 463.90 367.37 157.59 5.72 (0.49) 352.79 92.65 1.22 (3.03) (1.81) 94.46 2.08 (0.52) 1.56 96.02
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8 9 10 Paid-up equity share capital (Face value of INR 21- per share) Other equity Earnings / (loss) Per Share - Basic & Diluted (Face value of INR 21- each) (See accompanying notes to the Unaudited Standalone Financial Results) 672.69 0.04 (not annualised) 672.69 0.03 (not annualised) 672.69 0.01 (not annualised) Notes: 1 The above Statement of Unaudited standalone financial results of Rain Industries Limited ("the Company"), which have been prepared ir 672.69 0.07 (not annualised) 672.69 (0.07) (not annualised) 672.69 8,365.34 0.28 accordance with the Indian Accounting Standards ('Ind AS') prescribed under Section 133 of the Companies Act, 2013 ("the Act") read with relevant rules issued thereunder, other accounting principles generally accepted in India and guidelines issued by the Securities and Exchange Board of India ("SEBI") were reviewed and recommended by the Audit Committee and approved by the Board of Directors at their meetings held on August 05, 2026 and August 06, 2026 respectively. The Statutory Auditors have earned out a limited review on the unaudited standalone financial results and 2 Statement of Standalone Balance Sheet: Particulars ASSETS 1. Non-current assets (a) Property, plant and equipment (b) Other intangible assets (c) Financial assets (i) Investments (ii) Other non-current financial assets (d) Deferred tax asset, net (e) Non-current tax assets, net (t) Other non-current assets Total non-current assets 2. Current assets (a) Financial assets (i) Trade receivables (ii) Cash and cash equivalents (iii) Bank balances other than cash and cash equivalents (iv) Other current financial assets (b) Other current assets Total current assets Total assets EQUITY AND LIABILITIES 1. Equity (a) Share capital (b) Other equity Total equity ssued unmodified report thereon. As at June30j.202fi Unaudited 65.46 0.25 10,497.36 1.34 1.76 98.07 2.94 10,667.18 81.82 20.42 139.69 0.83 24.55 267.31 10,934.49 672.69 8,388.32 9,061.01 As at December 3Ij_2025_ Audited 67.88 0.32 10,497.36 1.32 0.87 126.53 - 10,694.28 132.48 37.42 17.35 - 32.13 219.38 10,913.66 672.69 i____J ,365.34 9,038.03 * ' x\ fr%\ -
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2. Liabilities Non-current liabilities (a) Financial liabilities (i) Borrowings (b) Provisions Total non-current liabilities Current liabilities (a) Financial liabilities (i) Borrowings (ii) Trade payables (A) total outstanding dues of micro enterprises and small enterprises (B) total outstanding dues of creditors other than micro enterprises and small enterprises (iii) Other current financial liabilities (b) Other current liabilities (c) Provisions (d) Current tax liabilities, net Total current liabilities Total equity and liabilities 3 Statement of Standalone Cash flows: Particulars A. Cash flow from operating activities Profit / (loss) before tax Adjustments for: Depreciation and amortisation expense Profit on sale of property, plant and equipment, net Finance costs Interest income Liabilities / provisions no longer required written back I^oss on foreign currency transactions and translations, net Operating profit before working capital changes Adjustments for changes in working capital: Trade receivables Financial and other assets Trade payables Other current liabilities Other financial liabilities Provisions Cash generated from operations ^ Income taxes refund received, net , * , Net cash generated from operating activities - - ^ • i i ^i i • ^ >i 1,445.00 19.31 1,464.31 255.00 11.07 56.95 30.92 7.06 18.64 29.53 409.17 10,934.49 Half year ended June 30, 2026 Unaudited 23.93 2.95 - 69.61 (4.77) (0.25) 042 91.89 50.50 4.63 (9.93) (1.46) 6.17 2.14 143.94 27.33 171.27 1,445.00 16.01 1,461.01 255.00 2.48 75.09 24.92 8.52 19.16 29.45 414.62 10,913.66 Half year ended June 30, 202S Unaudited (25.26) 2.81 (0.02) 78.95 (9.36) - 0.80 47.92 (23.49) (7.71) (12.01) (2.21) 7.14 5.82 15.46 53.25 68.71
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B. Cash How from investing activities Purchase of property, plant and equipment and intangible assets Proceeds from sale of property, plant and equipment Proceeds from sale of investment in subsidiary investment in fixed deposits with banks Maturity of fixed deposits with banks Interest received Net cash used in investing activities C. Cash flow from financing activities Interest and other borrowing costs paid Net cash used in financing activities Net decrease in cash and cash equivalents (A+B+C) Cash and cash equivalents at the beginning of the period Effect of exchange differences on restatement of foreign currency cash and cash equivalents Cash and cash equivalents at the end of the period (0.46) (122.50) 3.94 (119.02) (69.62) (69.62) (17.37) 37.42 0.37 20.42 (0.26) 0.02 30.69 (255.00) 110.00 4.85 (109.70) (78.95) (78.9S) (119.94) 161.27 (0-01) 41.32 4 Due to the global implications of the geopolitical conflicts, there has been an increase in volatility in commodity prices, stock and foreign exchange markets. Given this geopolitical uncertainty and the likelihood that changes may occur rapidly or unexpectedly, management has evaluated information available in this regard to assess its potential impact on the subsidiaries activities such as supply chain disruption, closure and abandonment of operations, travel restrictions, market volatility, recoverability of inter-company loans and repatriation of profits between group entities, etc. In light of the global circumstances, the step-down subsidiary i.e., Severtar Holding Limited (SHL) is in the process of fulfilling certain regulatory requirements in Cyprus including filing statutory and tax returns, conducting statutory audits, completing other secretarial compliances and addressing applicable sanctions, as the Board of the said subsidiary is non-functional. During the year ended December 31, 2024, the shareholders of SHL had transferred, SHL, from Cyprus to the Special Administrative Region (SAR) of Kaliningrad and have completed the registration of the transferred entity i.e., Severtar Holding LLC (SHLLC), Kaliningrad, in the current quarter. Pending compliances in Cyprus, in the interim, OOO RUTGERS Severtar, subsidiary of SHL, ha: been repatriating profits directly to the respective shareholders of SHLLC (as authorised by SHLLC), in compliance with the applicable regulations in the said Jurisdiction. Considering the continuing uncertainties resulting from the aforesaid matters, the management will continue to closely monitor the compliance of applicable regulations including sanctions. Based on the internal assessment and external counsel opinions, management believes that it is in compliance with the applicable laws and regulations and does not foresee any recoverability related issues on such investments. 5 As permitted by Ind AS 108, "Operating Segments", notified under section 133 of the Companies Act, 2013, read together with the relevant rules issued thereunder, if a single financial report contains both consolidated financial results and the standalone financial results of the parent, segment information need to be presented only on the basis of the consolidated financial results. Thus, disclosure required by Regulation 33 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 on segment wise revenue results and capital employed are given in the consolidated financial results. 6 The Board of Directors at their meeting held on August 6, 2026 declared an interim dividend of 50% (INR 1 per equity share on face value of INR 2 each), aggregating to INR 336.35. 7 The Investors can view Unaudited Standalone Financial Results of the Company on the Company's website www.rain-industries.com or on the BSE Limited's website www.bseindia.com or on the National Stock Exchange of India Limited's website www.nseindia.com. For and on behalf of the Board of Directors —.- RAIN INDUSTRIES LIMITED ' ' Place: Hyderabad Date: August 06, 2026 Jijgitti'Mohan Rtddy >el!orc Managing Director DIN:00017633
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>OCIATE$ 12th floor, The Ruby 29 Senapati Bapat MafQ Dadar (West) Murnbal - 400 028, India Tei :+91 22 6819 3000 5 • f ? * i C j! "• t Review Report to The Board of Directors Rain industries Limited I. We have reviewed the accompanying Statement of Unaudited Consolidated Financial Results of Rail* Industries Limited (the "Holding Company") and its subsidiaries (the Holding Company and its subsidiaries The Holding Company's Management is responsible for the preparation of the Statement it? accordance with the recognition and measurement principles laid down in Indiun Accounting Standard 34, find AS 34> "Interim Financial Reporting" prescribed under Section 133 of the Companies Act. 20! 3 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 3.1 of the fisting Regulations. The Statement has been approved by the Holding Company's Board of Directors . Our responsibility is to express a conclusion on (he Statement based on our review. We conducted our review oi the Statement in accordance with the Standard on Review Engagements (SRK> 2410. "Review of Interim Financial information Performed by the Independent Auditor of the Entity" issued by the institute of Chartered Accountants of India. This standard requires that we plan and perform the review- to obtain moderate assurance as to whether the Statement is free of material misstatemem. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters thai inieht be identified in an audit. Accordingly, we do not express an audit opinion. We also performed procedures in accordance with the Master Circular issued by the Securities ant! Kxchansjc Board of India under Regulation 33(8) of the Listing Regulations,, to the extent applicable. The Statement includes the results of the follow ing entities: Rain industries Limited 1) Rain Cements Limited 2) Rcnuka Cements Limited 3) Rain Verticals Limited 4) Rain Cii Carbon (Vizag) Limited 5) Rain Commodities (USA) Inc. 6) Rain Carbon Inc. 7) Rain CII Carbon LLC S) Rain Holding Limited 9) Ram Carbon Gmb! i 10} Rain Carbon Canada Inc. 11 'i Rain Carbon BV 12) Rain Carbon Germany GmbH * ') Rain Carbon Poland Sp. z o.o. i ') OOQ Rutaers Severtar
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Rain Industries Limited Page 2 of 3 15} Rain Carbon Wohfiimmobilien GmbH & Co. KG 16l Rain Carbon Gewerbeiinmobiiksn GmbH & Co. KG 11} Ram Carbon LLC 181 V FT Frances A 19) Rumba Invest BVBA & Co. KG 20) Severtar Holding Ltd i.refer note 2 in the accompanying unaudited consolidated financial results) 21) Severtar Holding LLC (refer note 2 in the accompanying unaudited consolidated financial results) 22) Rain Carbon (•Shanghai1) Trading Co. Ltd. 23) Rain Commodities - fZCO Associate Infra Tec Duisburg GmhH 5. Based «n our review conducted and procedures performed as stated in paragraph 3 above and based on the consideration of the review report of other auditor referred to in paragraph 7 and 8 below, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance wish recognition and measurement principles (aid down in the aforesaid Indian Accounting Standards find AS') specified under Section S33 of the Companies Act, 2013. as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of the Listing Regulations, including the mannei in which it is to be disclosed, or that if contains any material misscatement. 6- We draw attention to note 2 of the accompanying unaudited consolidated financial results, which describes the uncertainties with respect to applicable regulations including sanctions arising from the matters more fully described therein. Our conclusion is not modified in respect of this matter. 7. } i I w«lt»»N.li'l ii i t t ' ' >l !i ..<< I » !!( |IP )>!' I , »i(l* Jl- tH 1 > i pit i '- r tiK^ii i > n • ''i i 'i •• iin ,n a n. <• •* > IUJL « «' i > i I \ n"> i ?< * i < ! • » , •)' " -'( t i'i ^ i ,u , u.. l A •> {*!» ; , i "i i, i i i i p, I " ' ^ ! i < ' ' 1 i1 ( i I"- Kn i vlfi Mi i * ' •" ' • i s * ""! ' i.4i r < >e i "• , i < a. u' •• • <t >Kl \ i "* s • 11 > s i i ' • i ^ i, i, ••>! i i HI, < t , * i i * v >-. i i 1 i ^ » n • I (i. ' t •• > > v. •><• i, s - •- i 'i . i The independent auditor's report on interim financial results of this entity have been furnished to us by the Management and our conclusion on the Statement, in so far as it relates Co the amounts and disclosures in respect of this subsidiary is based solely on the report of such aiidiiors and procedures performed bv us as stated in paragraph 3 above. 8. The subsidiary stated in paragraph ? above is located ouiside India whose financial results and other financial information have been prepared in accordance «iih accounting principles generally accepted in its respective country and which have been reviewed by other auditor under generally accepted auditing standards applicable in its respective countn . 'Ihe Holding Company'"; management h;>s converted the financial results of such subsidiary located outside India from accounting principie> iiciieraliv accepted in its respective country to accounting, principles generally accepted in India. We have reviewed these conversion adjustments made by the Holding Company's management. Our conclusion in so tar as it relates to the balances and affairs of suds subsidiary located outside India is based on the report of other auditor and the conversion adjustments prepared by the management of the Holding Company and reviewed by us. •' < ,x n 'l« P t > fell 1 III ,H I i.' ' .(! 1*1 ' < -, '"-. i HI ' ll !vj I • . > i t t i t Oi* i r s y > ij HI.-, \ h< v. 11 • ' ' f»<r, HI > » , )i ik (ll LI i I n 1 •' • 'i * I -> v • .* P > '11 I " \ I II. H _ _' > 1 t 1 li « it til |v '{ i " > (I S II i \ > i*i' >,u u.i i>v ' ' > '- ••»)' ' mil i R ,»'- . i , i i. ( "" I i\ i v< > >. " ' i* > * Pi I1' ' , 1 ' iV ' " » 11* •> i| .. I t It I. I 1 J \ . ' '] - . I ' i. , i!»l, ' " .. • ' "" *, ,!JlO i • I - ^
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;rJ, Rain Industries Limited PageJ ofJ ^ 1 ' * ^i i. Uili, * V Kill I' £ * . * J I i I h S ! ^ | j * | <~ 1 J j rti -" t • « ; i 1 J i '•o1 . , ^ i' v ' I • , „'• -,< ir, 11 ^ t i. > >i i i >i [iii"M,i ll,i » > 1 j ( >.. t ",l " •J1' J liv ' aW ! ' v » \ 'J !" IJ^ i ) <l I ,i, , .- I J \ i (Iii ^ i H- ' f ' I l>) 1 f it' V • I ' I I I* -I ! i>i ' ll Sv I , i t , 1v t>l si -O "I < >! \' i-'Si »i '» > l ' » s >! l i i 1 I '• ' i M , ! • •-• i, , ij i I ,, - O."i"iii , >l <„• t % I < !H 1 * • ', I >^ , i i , ii L> ,_ t < , ' fit1 l i ^kd.s > • S ' i 'iv ( rt ' ' ' u 'I'.'t.l 'ii' S >i- (M" H , ttiu\'>it, i i, , > t* » i, i ,s« n . ..>|.v'l It. Ut» icll.ui.-l. Li .,- dj>l. jl.U H*. .CptHi, v>i l.i. JI,,»I ui..v.IiJ, ,...u *ln, I.Jl»«it,.«»l <w.uSt,S t by the Management. il,V:..T» i, «•, « ,m , 110-WWl: 3011004
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€>• ; * RAIN INDUSTRIES LIMITED CIN: L26942TG1974PLC001693 Regd. Off: "Rain Center", 34, Srinagar Colony, Hyderabad - 500 073, Telangana State, India. Ph.No.040-40401234; Fax:040-40401214 Email: secretarial@rain-industries.com / www.rain-industries.com (Rupees in Mil!ionsLexcepjij)er share data)_ Statement of Unaudited Consolidated Financial Results for the Quarter and Half year ended June 30,2026 Particulars 1 2 3 4 5 6 7 Income (a) (b) Revenue from operations Other income Total income Exi p(c) M(e) [1(g) (h) penses Cost of materials consumed Purchases of stock-in-trade Changes in inventories of finished goods, work-in-progress and stock- in-trade Employee benefits expense Finance costs Depreciation and amortisation expense (Gain) / loss on foreign currency transactions and translations, net Other expenses Total expenses . Profit before share.of profit of associate and tax (1-2) Share of profit of associate (net of income tax) Profit before tax (3+4) Tax expense / (benefit), net - Current tax - Deferred tax charge / (credit), net Total tax expense, net Net profit / (loss) for the period/year (5-6) Quarter ended June 30,2026 Unaudited 51,671.58 330.57 52,002.15 29,624.63 252.81 (2,706.38) 4,349.55 2,513.66 : ' 2,446.65 (242.06) 10,752.61 46,991.47 5,010.68 - 5,010.68 1,519.06 81.76 1,600.82 3,409.86 March 31,2026 Unaudited 45,207.30 461.30 45,668.60 24,331.96 355.64 (415.86) 3,756.79 L___ 2,382.97 , 2,486.20^ (136.00) 10,349.14 43,110.84 2,557.76 - 2,557.76 1,051.80 ______JJ2M1979.12 1,5.78.64 June 30,2025 Unaudited 44,013.83 275.23 44,289.06 23,749.22 88.74 1,226.05 3,297.77 2,282.45 2,249.33 ,291.40 9,068.16 42,253.12 2,035.94 - 2,035.94 1,201.72 4.27 1,205.99 829.95 Half Year ended June 30, 2026 Unaudited 96,878.88 791.87 97,670.75 53,956.59 608.45 (3,122.24) 8,106.34 4,896.63 4,932.85 (378.06) 21,101.75 90,102.31 7,568.44 - 7,568.44 2,570.86 9.08 2,579.94 4,988.50 June 30,2025 Unaudited 81,693.99 528.45 82,222.44 47,660.01 18736^ (1,730.73) 6,434.62 4,526.02 4.321.95 578.36 18,468.41 80,446.00 1,776.44 - 1,776.44 2,041.38 56.15 2,097.53 (321.09) Year ended December 31, 2025 Audited 169,458.25 1,383.98 170,842.23 95,408.30 545.84 567.96 13,185.92 9,218.32 512.63 37,865.12 166,520.56 4,321.67 23.99 4,345.66 2,939.35 47.37 2,986.72 1,358.94
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8 (a) (b) 9 10 11 12 13 14 15 Other comprehensive income / (loss) (net of tax) for the period/year Items that will not be reclassified to profit or loss: Remeasurements of defined benefit plans Income tax relating to items that will not be reclassified to profit or loss Items that will be reclassified to profit or loss: Exchange difference arising on translating the financial statements of foreign operations Exchange difference arising on net investment in foreign operation (Refer note 3 below) Income tax relating to items that will be reclassified to profit or loss Total other comprehensive income / (loss) (net of tax) Total comprehensive income for the period/year (7+8) Profit / (loss) attributable to: Owners of the Company Non-controlling interests Net profit / (loss) for the period/year Other comprehensive income / (loss) attributable to: Owners of the Company Non-controlling interests Other comprehensive income / (loss) for the period/year Total comprehensive income attributable to: Owners of the Company Non-controlling interests Total comprehensive income for the period/year Paid-up equity share capital (Face value of INR 21- per share) Other equitv Earnings / (loss) Per Share - Basic and Diluted (Face value of INR 21- each) (See accompanying notes to the Unaudited Consolidated Financial Results) (124.67) 12.39 (455.03) 242.18 - (325.13) 3,084.73 2,962.06 3,409.86 (438.51) 113.38 ^___J325J3J 2,523.55 | 561.18 3,084.73 672.69 8.81 (not annualised) 157.61 ___O4J56} 1,038.91 573.19 - 1,755.15 3,333.79 1,214.36 364.28 1,578.64 1,717.48 37.67 1,755.15 2,931.84 401.95 3,333.79 672.69 3.61 (not annualised) (7.75) (1.17) 4,370.74 (1,906.23) - 2,455.59 l____32285.54 607.01 222.94 829.95 2,236.57 219.02 2,455.59 2,843.58 441.96 3,285.54 672.69 1.80 (not annualised) 32.94 (2JJ2 583.88 815.37 - 1,430.02 6,418.52 4,176.42 812.08 4,988.50 1,278.97 151.05 1,430.02 1 5,455.39 963.13 6,418.52 672.69 12.42 (not annualised) 528.36 (15.55) 7,337.99 (2,459.86) - 5,390.94 5,069.85 (769.94) 448.85 (321.09) 4,654.05 736.89 5,390.94 3,884.11 1,185.74 5,069.85 672.69 (2.29) (not annualised) 1,786.65 9,630.14 (2,517.50) - 8,847.69 10,206.63 425.24 933.70 1,358.94 8,025.67 822.02 8,847.69 8,450.91 __ 1,755.72 ^_ 10,206.63 672.69 73,818.49 1.26
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Notes: 1 2 3 4 The above Statement of unaudited consolidated financial results of Rain Industries Limited ("the Company") along with its subsidiaries (hereinafter referred to as "the Gr which have been prepared in accordance with the Indian Accounting Standards ('Ind AS') prescribed under Section 133 of the Companies Act, 2013 ("the Act") read wi thereunder, other accounting principles generally accepted in India and guidelines issued by the Securities and Exchange Board of India ("SEBI") were reviewed and reco Committee and approved by the Board of Directors at their meetings held on August 05, 2026 and August 06, 2026 respectively. The Statutory Auditors have carried out unaudited consolidated financial results and issued unmodified report thereon. Due to the global implications of the geopolitical conflicts, there has been an increase in volatility in commodity prices, stock and foreign exchange markets. Given this geop the likelihood that changes may occur rapidly or unexpectedly, management has evaluated information available in this regard to assess its potential impact on the Group's a chain disruption, closure and abandonment of operations, travel restrictions, market volatility, recoverability of inter-company loans and repatriation of profits between grour In light of the global circumstances, the Group is in the process of fulfilling certain regulatory' requirements for Severtar Holding Limited (SHL) in Cyprus including filing st conducting statutory audits, completing other secretarial compliances and addressing applicable sanctions, as the Board of the said subsidiary is non-functional. During the year ended December 3i, 2024, the Group and other shareholders of SHL had transferred, SHL, from Cyprus to the Special Administrative Region (SAR) o completed the registration of the transferred entity i.e., Severtar Holding LLC (SHLI.C), Kaliningrad, in the current quarter. Pending compliances in Cyprus, in the inte Severtar, subsidiary of SHL, has been repatriating profits directly to the respective shareholders of SHLLC (as authorised by SHLLC), in compliance with the applicable Jurisdiction. Considering the continuing uncertainties resulting from the aforesaid matters, the Group will continue to closely monitor the compliance of applicable regulations includi internal assessment and external counsel opinions, management believes that it is in compliance with the applicable laws and regulations and does not foresee any recover, such assets. The Group had designated certain portion of inter-company loans between US and Germany subsidiaries as net investment in foreign operation with effect from October long-term nature. During the quarter ended June 30, 2025, the Group re-assessed its cash flow position considering the business developments and designated the remaini company loans between US and Germany subsidiaries as net investment in foreign operation with effect from April 1, 2025. Accordingly, the foreign exchange (gain) /1 currency loan determined as net investment in foreign operation is recognised through Other Comprehensive Income ('OCI'). Certain Standalone information of the Company in terms of the Regulation 47(1 )(b) of the SEBI (listing obligation and disclosure requirements) Regulations, 2015: Particulars Revenue from operations Profit / (loss) before tax Profit / (loss) after tax Quarter ended June 30, 2026 Unaudited 260.84 12.57 __MSI£Mk2026_ Unaudited 415.91 11.36 12.26| 11.20 June 30,2025 Unaudited 243.06 2.07 2.09 Half Year ended June 30,2026 Unaudited 676.75 23.93 23.46 June 30,2025 Unaudited 612.92 (25.26) (24.51) oup") and its associate, th relevant rules issued mmended by the Audit a limited review on the olitical uncertainty and ctivities such as supply entities, etc. atutory and tax returns, 'Kaliningrad and have rim, OOO RUTGERS regulations in the said ig sanctions. Based on ibility related issues on , 2023, considering its ng portion of the inter- JSS on the total foreign Year ended December 31, 2025 Audited 1,306.21 92.65 94.46
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5 Statement of Consolidated Balance Sheet: Particulars ASSETS 1. Non -current assets (a) Property, plant and equipment (b) Capital work in progress (c) Right of use asset (d) Goodwill (e) Other intangible assets (f) Investment in equity accounted investees (g) Financial assets (i) Investments (ii) Loans (iii) Other non-current financial assets (h) Deferred tax asset, net (i) Non-current tax assets, net (j) Other non-current assets Total non-current assets 2. Current assets (a) Inventories (b) Financial assets (i) Investments (ii) Trade receivables (iii) Cash and cash equivalents (iv) Bank balances other than cash and cash equivalents (v) Loans (vi) Other current financial assets (c) Current tax assets, net (d) Other current assets Total current assets Total assets (1+2) EQUITY AND LIABILITIES 1. Equity (a) Share capital (b) Other equitv Equity attributable to owners of the Company (c) Non-controiling interests Total equity As at June 30, 2026 Unaudited 47,150.65 3,888.75 7,078.94 72,034.44 34.74 183.61 75.78 7.02 495.24 32.49 349.80 839.51 132,170.97 48,796.16 37.95 24,891.41 11,954.21 4,171.66 4.77 485.42 606.23 4,531.16 95,478.97 U_—J?WM4_ 672.69 79,273.88 79,946.57 2,782.93 82,729.50 As at December 31,2025 Audited 48,113.75 3,358.67 7,645.92 69,632.34 39.49 179.93 72.03 7.29 349.07 5.08 606.20 472.88 130,482.65 36,229.06 35.43 20,526.86 9,257.02 6,005.35 4.88 454.61 557.53 4,044.28 77,115.02 207,597.67 672.69 73,818.49 74,491.18 2,416.32 76,907.50 1" * V
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6 2. Liabilities Non-current liabilities (a) Financial liabilities (i) Borrowings (ia) Lease liabilities (ii) Other non-current financial liabilities (b) Provisions (c) Deferred tax liability, net Total non-current liabilities Current liabilities (a) Financial liabilities (i) Borrowings (ia) Lease liabilities (ii) Trade payables (A) total outstanding dues of micro enterprises and small enterprises (B) total outstanding dues of creditors otlier than micro enterprises and small enterprises (iii) Other current financial liabilities (b) Other current liabilities (c) Provisions (d) Current tax liabilities, net Total current liabilities Total equity and liabilities (1+2) 74,506.48 5,234.83 23.17 9,573.42 2,027.66 31,365.56 26,138.35 2,066.73 76.22 14,644.39 5,745.68 1,765.93 1,800.08 1,317.50 53,554.88 227,649.94 Statement of Consolidated Cash flows: Particulars A. Cash flow from operating activities Profit before tax Adjustments for : Depreciation and amortisation expense Profit on sale of property, plant and equipment, net Loss on redemption of senior secured notes Finance costs Interest income Fair value gain from current investments Provision for advances Assets written off Provison for mineral bearing land cess Liabilities / provisions no longer required written back Bad debts written off Provision for Joss allowance on trade receivables (Gain) / loss on foreign currency transactions and translations, net Operating profit before working capital changes Half year ended June 30,2026 Unaudited 7,568.44 4,932.85 (15.47) 4,896.63 (506.82) (0.66) 0.22 28.66 (98.81) 1.19 32,31 (112.24) 16,726.30 72,557.51 5,647.12 23.61 9,374.01 1,941.33 89,543.58 17,909.52 2,126.26 78.46 12,351.74 5,273.76 1,237.76 1,585.66 583.43 41,146.59 207,597.67 Half year ended Unaudited 1,776.44 4,321.95 (2.52) 0.43 4,526.02 (476.23) (0.70) 50.36 20.58 (2.73) 1.70 IM 429.07 10,646.05
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Adjustments for changes in working capital: Inventories Trade receivables Financial assets and other assets Trade payables Financial and other liabilities and provisions Cash generated from / (used in) operations income taxes paid, net Net cash generated from / (used in) operating activities B. Cash flow from investing activities Purchase of property, plant and equipment and intangible assets, including capital advances and capital creditors Proceeds from sale of property, plant and equipment Acquisition of Right of use assets Investment in fixed deposits with banks Maturity of fixed deposits with banks Interest received Net cash used in investing activities C. Cash flow from financing activities Repayment of non-current borrowings Proceeds / (repayments) of current borrowings, net Sales tax deferment paid Principal payment of lease liabilities Interest payment of lease liabilities Interest and other borrowing costs paid Dividend paid to non-controlling interests (Refer note 2 above) Net cash from financing activities Net increase / (decrease) in cash and cash equivalents (A+B+C) Cash and cash equivalents at the beginning of the period Effect of exchange differences on restatement of foreign currency cash and cash equivalents Cash and cash equivalents at the end of the period (11,850.15) (3,626.58) 393.80 1,499.14 374.30 3,516.81 (1,640.03) 1,876.78 (2,431.17) 30.36 (1.79) (3,498.04) 5,186.04 648.48 (66.12) - 6,855.60 - (1,051.73) (237.16) (4,500.02) (596.52) 470.17 2,280.83 9,257.02 416.36 11,954.21 (3,220.47) (2,321.73) (2,381.70) (3,023.72) (1,005.23) (1,306.80) (660.61) (1,967.41) (2,447.36) 30.85 - (3,260.93) 4,495.86 622.73 (558.85) (3,833.12) 10,010.06 (64.40) (1,020.50) (227.98) (4,401.77) - 462.29 (2,063.97) 13,211.86 834.27 11,982.16
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7 Consolidated Segment wise revenue and results: Particulars 1) Segment revenue (a) Carbon (b) Advanced Materials (c) Cement Total Less: Inter segment revenue Revenue from operations 2) Segment results (a) Carbon (b) Advanced Materials (c) Cement Total Less: Depreciation and amortisation expense Less: Finance costs Add: Interest income Add/Less: Unallocable income / (expense) Add: Share of profit of associate (net of income tax) Profit before tax Quarter ended June 30,2026 Unaudited 40,211.32 11,978.70 2,96830 55,158.32 3,486.74 ___jyj67L58_ 7,732.54 1,605.94 59.88 2,446.65 2,513.66 288.32 284.31 - 5,010.68 March 31, 2026 Unaudited 35,276.25 9,750.18 2J2ML 47,764.68 2,557.38 45,207.30 L_____JJ20lJA 639.22 (11.33) 6,829.63 2,486.20 2,382.97 218.50 378.80 - 2,557.76 June 30,2025 Unaudited 34,107.84 9,485.82 3,259.71 46,853.37 2,839.54 44,013.83 5,787.62 552.74 243.53 6,583.89 2,249.33 2i282;45_ 253.85 (270.02) - 2,035.94 Half Year ended June 30, 2026 Unaudited 75,487.57 21,728.88 ____5i706155_ 102,923.00 6,044.12 ____96j878:88_ 13,934.28 2,245.16 48.55 16,227.99 4,932.85 _____4J896;63_ 506.82 663.11 - 7,568.44 June 30,2025 Unaudited 62,931.74 17,557.42 6,139.99 L___862629.15 4,935.16 81,693.99 9,913.60 469.84 290.88 10,674.32 4,321.95 4,526.02 476.23 (526.14) - 1,776.44 Year ended December 31,2025 Audited 132,454.24 35,927.41 _____j_y£i:i2_ IZMSiLlL10,228.52 169,458.25 19,860.84 1,541.78 482.49 _iL88iy_L 9,218.32 9,216.47 926.49 (55.14) 23.99 4,345.66 Segment results: The Group evaluates performance and determines resource allocations based on a number of factors, the primary measure being operating profit. Segment results represents operating profit which does not include depreciation and amortisation expense, finance costs, interest income, share of profit of associate, unallocable (income) / expense and income taxes. Segmental assets and liabilities: Total assets and liabilities balances for each reportable segment is not reviewed by or provided to the Chief Operating Decision Maker (CODM). Hence, the details for segment assets and liabilities have not been disclosed in the above table. 8 The Board of Directors at their meeting held on August 6, 2026 declared an interim dividend of 50% (1NR 1 per equity share on face value of INR 2 each), aggregating to INR 336.35. 9 The Investors can view the Unaudited Consolidated Financial Results of the Company on the Company's website www.rain-industries.com or on the BSE Limited's website www.bseindia.com or on the National Stock Exchange of India Limited's website www.nseindia.com. For and on behalf of the Board of Directors , ." RAIN INDUSTRIES LIMITED ' < , Place: Hyderabad / JagrfiSolianjReddy NC'IIOfC *"****"*• Date: August 06,2026 Managing Director ^ * > DIN: 00017633 *' -^J „_ *