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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 delivered a strong performance for Q4 and the full year FY26. Q4 revenue jumped 41% YoY to 3,053 Cr, with profit after tax (PAT) soaring 61% to 556 Cr. For the full year, revenue grew 30% to 9,838 Cr, and PAT increased 35% to 1,737 Cr. Growth was...
**Financial Highlights:** For Q3FY25, Solar Industries reported a net sales increase of 38%, reaching ₹1,973 Cr, while the net profit after tax (PAT) rose by 52% to ₹336 Cr. Margins improved, with EBITDA at ₹536 Cr, a significant 46% boost from Q3FY24. For the nine-month period, sales totaled ₹5,374 Cr,...