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Solar Industries India Ltd Q4FY24; 10% 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 Q4FY24 of ₹1,611.00 Crores down from ₹1,929.00 Crore year on year, a fall of 16.49%.

Total Expenses for Q4FY24 of ₹1,326.00 Crores down from ₹1,637.00 Crores year on year, a fall of 19.0%.

Consolidated Net Profit of ₹243.00 Crores up 9.95% from ₹221.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹25.98, up 14.05% from ₹22.78 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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