{"id":139234,"date":"2023-01-25T14:06:14","date_gmt":"2023-01-25T19:06:14","guid":{"rendered":"https:\/\/44.250.171.167\/?p=139234"},"modified":"2023-01-25T14:06:15","modified_gmt":"2023-01-25T19:06:15","slug":"solar-industries-india-limited-q3fy23-earnings-summary","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/solar-industries-india-limited-q3fy23-earnings-summary\/","title":{"rendered":"Solar Industries India Limited Q3FY23 Earnings Summary"},"content":{"rendered":"\n<p>One of the top producers of bulk explosives, packaged explosives, and initiating systems, which are used in the mining, infrastructure, and construction sectors, is <a href=\"https:\/\/44.250.171.167\/symbol\/solarinds\/\" target=\"_blank\" rel=\"noreferrer noopener\">Solar Industries<\/a>. In 2010, SIL also entered the defence industry and expanded its product line to include warheads, warhead explosives, and rocket and missile propellants.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Financial Results:<\/strong><\/h2>\n\n\n\n<p>Consolidated profit after tax (PAT) stood at \u20b9 219.42 crores in Q3FY23, reporting a growth of 78% from \u20b9 105.06 crores reported in Q3FY22.<\/p>\n\n\n\n<div class=\"wp-block-image is-style-default\"><figure class=\"aligncenter\"><a href=\"https:\/\/lh3.googleusercontent.com\/rf1pazt9eegXBhp-QEQrvlimmfrhncOivcULNqeywIuMRIIK7fnLOoSK7Da0p0qYNyLdrV9294zTHdXQnraXwXvIgWiW4cFu3YmskFFVuD-bmkCUTDtx5Vw2_QFBIItZyyGzqVh05V6ZgOFoGsL7v-rlwIsZNVoc3UihCaQ4TgNa7xhhsNKZZTgvBNHxWw\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" src=\"https:\/\/lh3.googleusercontent.com\/rf1pazt9eegXBhp-QEQrvlimmfrhncOivcULNqeywIuMRIIK7fnLOoSK7Da0p0qYNyLdrV9294zTHdXQnraXwXvIgWiW4cFu3YmskFFVuD-bmkCUTDtx5Vw2_QFBIItZyyGzqVh05V6ZgOFoGsL7v-rlwIsZNVoc3UihCaQ4TgNa7xhhsNKZZTgvBNHxWw\" alt=\"\"\/><\/a><\/figure><\/div>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><em>On the backdrop of strong performance by our International &amp; Institutional businesses, the revenue for the quarter stands at Rs.1812 cr up by 78% yoy &amp; nine-month revenue stands at Rs.4994 cr up by 90% yoy and the net profit is up by 109% yoy for the quarter &amp; 110% yoy for nine months, which stands at Rs. 219 cr. and Rs. 591 cr respectively.<\/em><\/p><cite>&#8211; Mr. Manish Nuwal, MD &amp; CEO<\/cite><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>One of the top producers of bulk explosives, packaged explosives, and initiating systems, which are used in the mining, infrastructure, and construction sectors, is Solar Industries. In 2010, SIL also entered the defence industry and expanded its product line to include warheads, warhead explosives, and rocket and missile propellants. Financial Results: Consolidated profit after tax [&hellip;]<\/p>\n","protected":false},"author":1885,"featured_media":134992,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[392,5753,6352],"tags":[9008,11389],"class_list":["post-139234","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings","category-industrials","category-research-summary","tag-defence","tag-explosives"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-1215972682.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":167522,"url":"https:\/\/alphastreet.com\/india\/solar-industries-india-ltd-q3fy25-52-rise-in-profits\/","url_meta":{"origin":139234,"position":0},"title":"Solar Industries India Ltd Q3FY25; 52% rise in Profits","author":"Chirag Gupta","date":"March 24, 2025","format":false,"excerpt":"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\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/1-14.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/1-14.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/1-14.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/1-14.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/1-14.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/1-14.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":162774,"url":"https:\/\/alphastreet.com\/india\/solar-industries-india-ltd-q4fy24-10-rise-in-profits\/","url_meta":{"origin":139234,"position":1},"title":"Solar Industries India Ltd Q4FY24; 10% rise in Profits","author":"Chirag Gupta","date":"July 5, 2024","format":false,"excerpt":"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\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/image-41.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/image-41.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/image-41.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/image-41.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/image-41.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/image-41.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":164104,"url":"https:\/\/alphastreet.com\/india\/solar-industries-india-ltd-q1fy25-49-rise-in-profits\/","url_meta":{"origin":139234,"position":2},"title":"Solar Industries India Ltd Q1FY25; 49% rise in Profits","author":"Chirag Gupta","date":"August 27, 2024","format":false,"excerpt":"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\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/08\/image-177.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/08\/image-177.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/08\/image-177.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/08\/image-177.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/08\/image-177.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/08\/image-177.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":179503,"url":"https:\/\/alphastreet.com\/india\/solar-industries-q3-fy26-earnings-results\/","url_meta":{"origin":139234,"position":3},"title":"Solar Industries Q3 FY26 Earnings Results","author":"Divyansh_Kasana","date":"February 4, 2026","format":false,"excerpt":"Executive Summary Solar Industries India Ltd reported Q3FY26 revenues of \u20b92,548 crore, up 29.14% YoY, with consolidated net profit growing 38.17% to \u20b9467 crore. Defence and mining explosives demand drove record quarterly performance, supported by strong order execution and operational efficiencies. Revenue & Growth Revenues surged to \u20b92,548 crore from\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/INDS.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/INDS.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/INDS.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/INDS.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/INDS.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/INDS.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":159845,"url":"https:\/\/alphastreet.com\/india\/solar-industries-india-ltd-q3fy24-1-rise-in-profits\/","url_meta":{"origin":139234,"position":4},"title":"Solar Industries India Ltd Q3FY24; 1% rise in Profits","author":"Chirag Gupta","date":"March 14, 2024","format":false,"excerpt":"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\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-149.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-149.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-149.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-149.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-149.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-149.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":155679,"url":"https:\/\/alphastreet.com\/india\/solar-industries-india-ltd-q2fy24-11-rise-in-profits\/","url_meta":{"origin":139234,"position":5},"title":"Solar Industries India Ltd Q2FY24; 11% rise in Profits","author":"Chirag Gupta","date":"November 2, 2023","format":false,"excerpt":"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\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-29.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-29.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-29.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-29.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-29.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-29.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/139234","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1885"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=139234"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/139234\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/134992"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=139234"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=139234"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=139234"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}