| Metric | Value (₹ Cr) | vs Q2 FY25 |
|---|---|---|
| Revenue | 2.0K | 15.0% |
| Total Income | 2.0K | 13.5% |
| Expenditure | 1.5K | 13.4% |
| PBT | 458.15 | 14.0% |
| Net Profit | 337.50 | 11.1% |
| OPM | 18.79% | 1.42pp |
| NPM | 16.97% | 0.13pp |
| EPS | — |
Solar Industries India Ltd. Reports Highest Quarterly Revenue of ₹ 1973cr, 52% Increase in Q3FY25 Net Profit, and 49% Increase in OMFY25 Net Profit
05 Feb 2025 · 5 Feb 2025, 08:46 pm
Summary
Solar Industries India Ltd. announced its unaudited financial results for the quarter and nine months ended Dec 31, 2024. The company posted the highest quarterly revenue of ₹ 1973cr, a 52% increase in Q3FY25 net profit, and a 49% increase in OMFY25 net profit. The highest ever quarterly sales, EBIDTA, and PAT were also reported. The defense revenue and order book showed significant growth. The company's strategic initiatives and diversification have contributed to the impressive surge in revenue and profitability.
Key Highlights
- 1
Highest Quarterly Revenue at ₹ 1973cr
- 2
Q3FY25 Net Profit at ₹ 338cr, up by 52%
- 3
OMFY25 Net Profit at ₹ 942cr, up by 49%
- 4
Highest ever Quarterly Sales, EBIDTA, and PAT
- 5
Highest ever Defense revenue in the quarter at ₹ 400cr+
- 6
Highest ever Orderbook of ₹ 7100cr+
Management Comments
Mr. Manish Nuwal
Our Q3 performance reflects the successful execution of our strategic initiatives, propelling our net revenue from ₹ 1429cr to ₹ 1973cr yoy. We have registered strongest quarter yet with growth in revenue by 38%... This impressive surge is attributed to efforts by the Solar team in explosives and defense sector... While domestic demand has been subdued due to the general & state elections in many parts and heavy monsoon season, our long-term growth trajectory remains robust, driven by our strategic diversification... Our international business has delivered exceptional third-quarter performance, grew 219% year-on-year and reached best ever ₹ 758cr in revenue... Solar Industries, India's largest manufacturer of industrial explosives, is ideally positioned to capitalize on the sector's rapid growth... The government's active promotion of private sector participation, driven by the 'Atmanirbhar Bharat' initiative, is fueling modernization and innovation... Solar Industries, recognizing the potential of this sector early on, strategically made huge investment in building its defense capabilities, securing an early mover advantage... We are confident in our ability to deliver enduring value for our stakeholders and shape a promising future for our business.
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