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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.
Solar Industries posted strong Q1 results: Net Sales surged 70% to 3668 Cr, PAT up 89% to 666 Cr YoY. All segments, especially Defence (+123%), saw robust growth. The company boasts a significant order book of 21350 Cr.
Solar Industries India has announced its 31st Annual General Meeting on August 11, 2026, via video conferencing. The Annual Report for FY2025-26 is now accessible online. Shareholders without registered emails are being notified directly with the web-link.
The company submitted its FY26 Business Responsibility & Sustainability Report, independently assured. Energy and GHG emission intensity per revenue improved, as did water intensity. Total waste generation rose sharply due to increased boiler capacity. Various resource efficiency initiatives were highlighted.
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Solar Industries India Ltd. has fully repaid its Commercial Paper of Rs. 50 Crores. The company fulfilled its payment obligation on the due date, demonstrating sound financial management.