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Rain Commodities Ltd's consolidated net profit decreased 8.51 per cent at Rs 184 crore in the first quarter ended March 31, 2012 compared with Rs 201 crore in the year-ago period.
The total income, however, had gone up to Rs 1,456 crore (Rs 1,343 crore).
The total expenses, especially of materials consumers and power and fuel expenses, had gone up significantly.
Though the segment-wise revenue went up from carbon products and cement segments, the profit before tax and finance costs from each segment came down compared to the year-ago period, the company informed the Bombay Stock Exchange on Wednesday.
The earnings per share stood at Rs 5.32 (Rs 5.70).
On Thursday, the company's scrip gain 4.87 per cent on the Bombay Stock Exchange to end at Rs 38.75.
In the year-ended December 31, 2011, Rain Commodities posted a net profit of Rs 664 crore on a turnover of Rs 5,631 crore.
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