Solar Industries Q3 Results: Shares jump over 6% as profit surges 42%; margin improves

Solar Industries India Ltd delivered a robust performance in the third quarter, reporting strong year-on-year growth across key financial metrics, supported by healthy demand and operating leverage.

Net

profit rose 41.7% year-on-year to ₹446.3 crore, compared with ₹315 crore in the corresponding quarter last year. Revenue grew 29.2% to ₹2,548.3 crore from ₹1,973 crore a year ago, reflecting sustained momentum across its core businesses.

At the operating level, EBITDA increased 34.5% year-on-year to ₹708 crore, up from ₹526.4 crore in Q3 last year. EBITDA margin remained largely stable at 27.8%, compared with 26.7% in the year-ago period, indicating disciplined cost management even amid higher scale.

Following the earnings announcement, shares of Solar Industries India Ltd reacted positively. The stock jumped over 6% to hit an intraday high of 14,049 on the NSE, as investors took comfort from the strong profit growth and steady margins.

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Solar Industries, a key player in industrial explosives and defence-related manufacturing, has continued to benefit from scale-up in operations and steady execution, with the latest quarterly numbers reinforcing confidence in its earnings trajectory.