Solar Industries India Share Price

Submission of Newspaper Clippings for the unaudited financial results for the quarter ended on June 30, 2026

• BSE India
• 1 week 5 days ago

<h3><span style="font-size:16px;"><strong>Industrial Products company Solar Industries India announced Q1FY27 results</strong></span></h3> <p _ngcontent-ng-c1466312349=""><strong _ngcontent-ng-c1466312349="">Consolidated Financial Highlights:</strong></p> <ul> <li _ngcontent-ng-c1466312349=""><strong _ngcontent-ng-c1466312349="">Total Income:</strong> The company reported a total income of Rs 3,676.72 crore in Q1FY27, representing a YoY increase of 68.37% from Rs 2,183.71 crore in Q1FY26 and a QoQ increase of 18.71% from Rs 3,097.22 crore in Q4FY26.</li> <li _ngcontent-ng-c1466312349=""><strong _ngcontent-ng-c1466312349="">Revenue from Operations:</strong> Revenue stood at Rs 3,668.20 crore in Q1FY27, up 70.26% YoY compared to Rs 2,154.45 crore in Q1FY26 and up 20.16% QoQ compared to Rs 3,052.75 crore in Q4FY26.</li> <li _ngcontent-ng-c1466312349=""><strong _ngcontent-ng-c1466312349="">Profit Before Tax (PBT):</strong> PBT grew significantly to Rs 911.46 crore in Q1FY27, an increase of 89.59% YoY from Rs 480.76 crore in Q1FY26 and a 20.08% QoQ growth from Rs 759.03 crore in Q4FY26.</li> <li _ngcontent-ng-c1466312349=""><strong _ngcontent-ng-c1466312349="">Net Profit:</strong> The Group recorded a net profit of Rs 666.37 crore in Q1FY27, rising by 88.98% YoY from Rs 352.62 crore in Q1FY26 and 19.84% QoQ from Rs 556.03 crore in Q4FY26.</li> <li _ngcontent-ng-c1466312349=""><strong _ngcontent-ng-c1466312349="">Total Comprehensive Income:</strong> This stood at Rs 691.22 crore in Q1FY27 compared to Rs 408.64 crore in Q1FY26 (up 69.15% YoY) and Rs 682.13 crore in Q4FY26 (up 1.33% QoQ).</li> <li _ngcontent-ng-c1466312349=""><strong _ngcontent-ng-c1466312349="">Earnings Per Share (EPS):</strong> Basic EPS increased to Rs 72.11 in Q1FY27 from Rs 37.43 in Q1FY26 and Rs 60.52 in Q4FY26.</li> </ul> <p><strong _ngcontent-ng-c1466312349="">Standalone Financial Highlights:</strong></p> <ul> <li _ngcontent-ng-c1466312349=""><strong _ngcontent-ng-c1466312349="">Total Income:</strong> Standalone income was Rs 1,686.15 crore in Q1FY27, a YoY growth of 19.01% from Rs 1,416.82 crore in Q1FY26 and a QoQ growth of 1.75% from Rs 1,657.19 crore in Q4FY26.</li> <li _ngcontent-ng-c1466312349=""><strong _ngcontent-ng-c1466312349="">Revenue from Operations:</strong> Standalone revenue reached Rs 1,656.32 crore in Q1FY27, up 19.40% YoY from Rs 1,387.15 crore in Q1FY26 and up 5.25% QoQ from Rs 1,573.71 crore in Q4FY26.</li> <li _ngcontent-ng-c1466312349=""><strong _ngcontent-ng-c1466312349="">Profit Before Tax (PBT):</strong> PBT for the standalone entity was Rs 482.04 crore in Q1FY27, reflecting a 28.43% YoY increase from Rs 375.34 crore in Q1FY26, but a QoQ decline of 4.89% from Rs 506.81 crore in Q4FY26.</li> <li _ngcontent-ng-c1466312349=""><strong _ngcontent-ng-c1466312349="">Net Profit:</strong> Standalone net profit stood at Rs 358.38 crore in Q1FY27, increasing 28.21% YoY from Rs 279.52 crore in Q1FY26, while declining 5.14% QoQ from Rs 377.78 crore in Q4FY26.</li> <li _ngcontent-ng-c1466312349=""><strong _ngcontent-ng-c1466312349="">Earnings Per Share (EPS):</strong> Basic EPS was Rs 39.60 in Q1FY27 compared to Rs 30.89 in Q1FY26 and Rs 41.75 in Q4FY26.</li> </ul> <p><strong _ngcontent-ng-c1466312349="">Business Highlights:</strong></p> <ul> <li _ngcontent-ng-c1466312349=""><strong _ngcontent-ng-c1466312349="">Segment Performance:</strong> The Group has identified ‘Explosives its accessories and related services’ as its only reportable segment. As such, no separate segment information has been provided.</li> <li _ngcontent-ng-c1466312349=""><strong _ngcontent-ng-c1466312349="">Hyperinflationary Accounting:</strong> The Group applied Ind AS 29 'Accounting of Hyperinflationary economies' for its step-down subsidiaries in Turkey. For Q1FY27, a net impact of Rs 25.33 crore was debited to other expenses, while an impact of Rs 12.43 crore (till March 31, 2026) was credited to the opening retained earnings as of April 01, 2026.</li> <li _ngcontent-ng-c1466312349=""><strong _ngcontent-ng-c1466312349="">NCD Redemption:</strong> During Q1FY27, the Ultimate Holding Company partially redeemed 292 unsecured, rated, listed, senior, redeemable, non-convertible debentures (NCDs) having a face value of Rs 1,00,000 each, amounting to Rs 2.92 crore. The aggregate outstanding NCD amount as of June 30, 2026, is Rs 8.75 crore.</li> <li _ngcontent-ng-c1466312349=""><strong _ngcontent-ng-c1466312349="">Commercial Paper Issuance:</strong> In Q1FY27, the Ultimate Holding Company issued Commercial paper in favor of Kotak Mahindra Bank Limited amounting to Rs 75.00 crore, with a maturity date of September 17, 2026.</li> <li _ngcontent-ng-c1466312349=""><strong _ngcontent-ng-c1466312349="">Consolidated Net Worth:</strong> The consolidated net worth as of June 30, 2026, stood at Rs 6,956.70 crore compared to Rs 6,277.20 crore as of March 31, 2026.</li> </ul> <p><a class="lb" href="/get-document/post/pdf/5787459/" target="_blank">Result PDF</a></p>

• Trendlyne
• 2 weeks ago

Updates on Unaudited Financial Results (Standalone and Consolidated) of the Company for the Quarter Ended on June 30, 2026.

• BSE India
• 2 weeks ago