Solar Industries is one of the worlds leading manufactures bulk explosives, packaged explosives and initiating systems, which find applications in the mining, infrastructure and construction industries. SIL also ventured into the defense segment in 2010 and diversified into manufacturing of propellants for missiles and rockets, warheads and warhead explosives.
Financial Results:
Solar Industries India Ltd reported Revenues for Q2FY24 of ₹1,347.00 Crores down from ₹1,567.00 Crore year on year, a fall of 14.04%.
Total Expenses for Q2FY24 of ₹1,071.00 Crores down from ₹1,317.00 Crores year on year, a fall of 18.68%.
Consolidated Net Profit of ₹209.00 Crores up 10.58% from ₹189.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹22.12, up 13.49% from ₹19.49 in the same quarter of the previous year.
*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.
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