Solar Industries Posts Record Rs 2.15 Billion Profit in Q1

08 Aug 2025 CW Team

Solar Industries India Limited (SIIL) has reported its highest-ever quarterly performance for the quarter ended 30 June 2025, achieving a consolidated EBITDA of Rs 5.64 billion and profit after tax (PAT) of Rs 3.53 billion. This marked a significant operational milestone for the company during Q1 FY2025-26.

The company’s turnover for the quarter reached Rs 21.54 billion, representing a 28 per cent year-on-year increase. International business contributed Rs 8.26 billion — the highest ever in a single quarter — registering a 43 per cent growth compared to the same period last year. The strong international performance was supported by manufacturing units across nine countries and a distribution network spanning more than 90 countries.

The defence segment also demonstrated exceptional results, with revenue reaching Rs 4.18 billion, a year-on-year increase of 115 per cent. The company currently holds a robust defence order book valued at approximately Rs 150 billion. The quarter also saw successful testing of the Bhargavastra anti-drone system and Rudrastra hybrid VTOL UAV. Repeat orders for UAVs and Multi-Mode Hand Grenades further reinforced Solar’s role in the Atmanirbhar Bharat initiative.

Commenting on the results, Managing Director and CEO Mr Manish Nuwal stated that while domestic explosive demand was impacted by early monsoons and mild weather, the company’s diversified portfolio and strategic focus have helped sustain growth. He added that with the post-monsoon revival in the mining, housing and infrastructure sectors, domestic demand is expected to strengthen in upcoming quarters.

In closing, Mr Nuwal affirmed that Solar Industries is well-positioned to become a key global supply chain partner in the defence sector, further unlocking opportunities and delivering long-term stakeholder value.

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