Rain Industries reported a 20% increase in revenue for the first quarter ended March 31, 2026, reaching ₹45.21 billion. The growth was primarily led by the carbon segment, which saw a 22.6% rise in revenue due to higher volumes and pricing in the calcination business. Despite geopolitical volatility in the Middle East affecting aluminium supply chains, the company maintained operational stability through a global blending strategy. Adjusted EBITDA rose by 65% to ₹7.15 billion, supported by cost rationalization and increased insourcing.
