The board of Rain Industries will meet on Friday to consider annual results for FY19. The company follows the calendar year as accounting year. While for FY18, it had posted a profit of ₹60.47 crore, for Q1 and Q2 of FY19, it reported profits of ₹0.19 crore and ₹2.77 crore respectively, and for Q3 a loss of ₹0.87 crore. During Q4 of FY18, the integrated producer of carbon, cement and advanced material products had reported a profit of ₹35.60 crore on revenues of ₹43.17 crore.
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