Noida, May 15 (APAC Media): Defence and aerospace solutions provider Solar Industries on Friday reported a 61% rise in consolidated net profit to Rs 556 crore for the March quarter (Q4), compared with Rs 346 crore in the corresponding quarter of the previous fiscal year.
The company posted a 41% increase in net revenue to Rs 3,053 crore in the March quarter, compared with Rs 2,167 crore in the year-ago period.
EBITDA for the quarter rose 59% to Rs 870 crore, compared with Rs 546 crore in the corresponding period last year.
The company has proposed a dividend of Rs 11 per share for FY26-27, up from Rs 10 per share in the previous year, reflecting confidence in its financial position and commitment to shareholder returns.
“We are happy to report that Solar Industries India Limited has delivered a landmark performance, clocking its highest-ever quarterly and annual sales of Rs 3053 cr and Rs 9838 cr, respectively, despite no growth in the domestic mining market. We have also achieved the highest-ever quarterly EBITDA & PAT at Rs 870cr & Rs 556cr, registering growth of 59% & 61% yoy, and the highest-ever yearly EBITDA & PAT at Rs 2750cr & Rs 1737cr, registering growth of 35% each in the year FY26.†Manish Nuwal, CEO of Solar Industries, said.
Founded in 1995, Solar Industries India Ltd is a global leader in explosives and a prominent player in defence and aerospace solutions. Driven by a strong focus on innovation and India’s self-reliance, the company develops advanced products and technologies that support industrial growth and strengthen national security.
Disclaimer:Â Views expressed are those of experts and do not reflect APAC Media. This is for informational purposes only, not financial advice. We are not responsible for investment decisions. Please consult a qualified financial advisor before investing.
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