Mumbai, Aug. 7 -- The company reported a net profit of Rs 60.70 crore in Q2 FY25, compared to a loss of Rs 77.88 crore in Q2 FY24. Revenue from operations rose 7.5% to Rs 4,401.38 crore from Rs 4,094.15 crore a year earlier.

Rain Industries swung to a profit before tax (PBT) of Rs 203.59 crore from a loss of Rs 2.23 crore last year.

Total expenditure rose modestly by 1.27% to Rs 3,772.13 crore. While depreciation costs increased by 21.24% to Rs 224.93 crore, interest costs declined slightly by 6.71% to Rs 228.25 crore, helping support the bottom line.

Despite the profit recovery, consolidated net operating cash flows turned negative, with an outflow of Rs 196.74 crore in H1 FY25, compared to an inflow of Rs 704.41 crore in the same per...