The company announced the results and stock-split after market hours on Friday, 25 February 2011.

Meanwhile, the BSE Sensex was up 91.80 points, or 0.52%, to 17,792.71.

On BSE, 923 shares were traded in the counter compared with the average daily volume of 5,557 shares over the past two weeks.

The stock hit a high of Rs 162 and a low of Rs 151 so far during the day. The stock had hit a 52-week high of Rs 231.20 on 17 March 2010 and a 52-week low of Rs 131.80 on 9 June 2010.

Rain Commodities' consolidated net profit fell 45.76% to Rs 240.72 crore on 3.07% rise in net sales to Rs 3745.53 crore in the year ended December 2010 (FY 2010) over the year ended December 2009.

The company's FY 2010 bottom line was impacted due the sum of Rs 124.94 crore accounted as exceptional item. The exceptional items includes a sum of Rs 158.28 crore as premium on redemption of senior unsecured notes and expenses incurred in connection with the issue of senior notes by a subsidiary firm -- Rain CII Carbon LLC, USA. The exceptional items also includes professional charges and duties & taxes incurred in connection with corporate restructuring Rs 0.54 crore and Rs 1.70 crore respectively. The company also paid a consent fee of Rs 3.72 crore.

Rain Commodities also said it has received Rs 39.30 crore on settlement of disputes with regard to sale of investments in earlier years.

At the time of announcing results, the board of directors of Rain Commodities recommended a dividend of Rs 4.60 per share (46%) for the year ended December 2010.