Solar Industries India Ltd Q3FY25; 52% rise in Profits

Solar Industries India Ltd Q3FY25; 52% rise in Profits

Solar Industries is one of the largest domestic manufacturers of bulk and cartridge explosives, detonators, detonating cords and components which find applications in the mining, infrastructure and construction industries. Company manufactures high-energy explosives, delivery systems, ammunition filling and pyros fuses for the defence sector.

Financial Results:

Solar Industries India Ltd reported Revenues for Q3FY25 of ₹1,973.00 Crores up from ₹1,429.00 Crore year on year, a rise of 38.07%.

Total Expenses for Q3FY25 of ₹1,525.00 Crores up from ₹1,141.00 Crores year on year, a rise of 33.65%.

Consolidated Net Profit of ₹338.00 Crores up 52.25% from ₹222.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹34.80, up 54.87% from ₹22.47 in the same quarter of the previous year.

 

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