Solar Industries India's Q3 FY 2025-26 Quarterly Results
- 04 Feb 2026
Result Summary
- Solar Industries India Ltd reported a 21.9% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 29.8%.
- Its expenses for the quarter were up by 19.5% QoQ and 27.1% YoY.
- The net profit increased 29.1% QoQ and increased 38.2% YoY.
- The earnings per share (EPS) of Solar Industries India Ltd stood at 49.31 during Q3 FY 2025-26.
Financial Statments for Q3 FY 2025-26
Total Income | 2573.39 | 2111.40 | 1982.62 | 21.9% | 29.8% |
Total Expenses | 1937.35 | 1620.94 | 1524.47 | 19.5% | 27.1% |
Profit Before Tax | 636.04 | 490.46 | 458.15 | 29.7% | 38.8% |
Tax | 169.37 | 128.07 | 121.61 | 32.2% | 39.3% |
Profit After Tax | 466.54 | 361.45 | 337.50 | 29.1% | 38.2% |
Earnings Per Share | 49.31 | 38.12 | 34.80 | 29.4% | 41.7% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Solar Industries India Ltd is a leading manufacturer in the industrial explosives and explosives accessories sector. The company is primarily engaged in the production and supply of a range of products including industrial explosives, detonators, and detonating cords. It serves a diverse clientele across sectors such as mining, infrastructure, and defense. Solar Industries India Ltd has been making strides in expanding its footprint in the defense sector, with significant investments aimed at growing its capabilities in manufacturing ammunition and other defense-related products. Recent developments have been focused on enhancing production capacities and increasing exports to leverage global opportunities in its core areas.
Revenue
In the third quarter of the fiscal year 2026 (Q3FY26), Solar Industries India Ltd reported a Total Income of ₹2573.39 crores. This marks a substantial increase from the previous quarter (Q2FY26), which recorded a Total Income of ₹2111.40 crores, reflecting a quarter-over-quarter (QoQ) growth of 21.9%. Compared to the same quarter in the previous fiscal year (Q3FY25), when the Total Income was ₹1982.62 crores, the year-over-year (YoY) growth stands at 29.8%. This robust increase in revenue is indicative of a strong performance over both the sequential and annual periods.
Profitability
The financial results for Q3FY26 show a Profit Before Tax (PBT) of ₹636.04 crores, up from ₹490.46 crores in Q2FY26, indicating a QoQ increase of 29.7%. Compared to Q3FY25, where the PBT was ₹458.15 crores, there is a YoY growth of 38.8%. After accounting for taxes, the Profit After Tax (PAT) for Q3FY26 is ₹466.54 crores, which is a 29.1% increase from the previous quarter's PAT of ₹361.45 crores and a 38.2% increase from the PAT of ₹337.50 crores in Q3FY25. The Earnings Per Share (EPS) for the quarter is ₹49.31, compared to ₹38.12 in Q2FY26 and ₹34.80 in Q3FY25, reflecting a QoQ rise of 29.4% and a YoY rise of 41.7%. These figures illustrate significant improvements in profitability metrics over the periods compared.
Operating Metrics
Total Expenses for Solar Industries India Ltd in Q3FY26 amounted to ₹1937.35 crores, which increased by 19.5% from the ₹1620.94 crores recorded in Q2FY26. When compared to Q3FY25, where Total Expenses were ₹1524.47 crores, there is a YoY growth of 27.1%. The tax expense for Q3FY26 was recorded at ₹169.37 crores, marking a QoQ increase of 32.2% from ₹128.07 crores in Q2FY26, and a YoY increase of 39.3% from ₹121.61 crores in Q3FY25. These operational metrics underscore the company's ongoing growth in terms of expenditure, aligned with its revenue and profitability expansion.