Rain Industries Q1 Revenue Up 20% YoY to ₹45.21B

Rain Industries reported Q1 FY2026 unaudited results with revenue of ₹45.21B, up 20% YoY, and adjusted EBITDA of ₹7.15B, up 65% YoY.
Performance driven by strong Carbon segment growth (22.6% revenue increase) and Advanced Materials (19.2% revenue increase), despite Cement segment decline.
Company highlighted significant geopolitical risks in Persian Gulf affecting global aluminum supply chain and key raw materials CPC and CTP.
Maintained strong liquidity of USD 362M with net debt-to-EBITDA at 2.85x and next major debt maturity not until October 2028.