Rain Commodities Q2 net zooms

Rain Commodities Ltd's net profit zoomed to Rs 164 crore in the second quarter ended June 30, 2011, as against Rs 45 crore in the previous financial year's quarter. The total income also increased 69 per cent to Rs 1,374 crore (Rs 807 crore). The earnings-per-share stood at Rs 4.64 (Rs 1.29). For the half year ended June 30, 2011, the net profit increased to Rs 366 crore (104 crore). The revenue also increased to Rs 2,887 cr (Rs 1,702 cr), the company informed the Bombay Stock Exchange.