Business Update6 Nov 2025, 09:22 pm
Rain Industries Ltd. Approves Q3 Results and Expansion Plans for Cement and Solar Power Plants
AI Summary
Rain Industries Ltd. announced the outcome of its recent Board Meeting, where the company approved the unaudited financial results for the third quarter ended September 30, 2025. The company also announced plans to expand its cement plant in Telangana and a solar power plant at Unit-I. The cement plant expansion will add 1.5 million tonnes of clinker capacity and 2.3 million tonnes of cement capacity, while the solar power plant expansion will add 2 MW of capacity. The investments will be primarily financed through internal accruals and debt from banks.
Key Highlights
- Approval of unaudited financial results for Q3 2025
- Expansion of cement plant in Telangana with a capacity addition of 1.5 million tonnes of clinker and 2.3 million tonnes of cement
- Installation of a new 7.0 MW Waste Heat Recovery (WHR) system in the cement plant
- Expansion of solar power plant at Unit-I by 2 MW
- Majority of the investment to be financed through internal accruals