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.
- Solar Industries Ltd reported Total revenue for Q4 FY23 of ₹1929 Crore, up from ₹1,317 Crore year on year depicting a growth of 46%.
- Total Expenses for Q4 FY23 of ₹1,638 Crore up, from ₹1,098 Crore year on year, a growth of 49%.
- Consolidated Net Profit of ₹221 Crore, up 26% from ₹175 Crore in the same quarter of the previous year.
- The Earnings per Share is ₹22.78, up 23% from ₹18.55 in the same quarter of the previous year.