Solar Industries Posts Record Rs 2.15 Billion Profit in Q1
POWER & RENEWABLE ENERGY

Solar Industries Posts Record Rs 2.15 Billion Profit in Q1

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.

Your next big infra connection is waiting at RAHSTA 2025 – Asia’s Biggest Roads & Highways Expo, Jio World Convention Centre, Mumbai. Don’t miss out!

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. 

Next Story
Real Estate

Vitizen Hotels Signs Deal at Manyata Tech Park

Vikram Kamats Hospitality, as part of its ongoing expansion in key metropolitan markets, announced that its material subsidiary, Vitizen Hotels, has signed a long-term lease agreement for a 45-key hotel property at Manyata Tech Park, Bengaluru.Strategically located in the city’s prominent IT hub, the property is well-positioned to serve corporate travelers, business professionals, and long-stay guests. The addition aligns with the company’s asset-light growth model, leveraging long-term leases to expand its footprint in high-demand urban markets.The hotel is expected to strengthen the comp..

Next Story
Infrastructure Transport

CONCOR Signs MoU with BPIPL to Operate Container Terminal at Bhavnagar Port

Container Corporation of India (CONCOR) has signed a Memorandum of Understanding (MoU) with Bhavnagar Port Infrastructure (BPIPL) on September 4, 2025, in New Delhi to operate and maintain the upcoming container terminal at the northside of Bhavnagar Port, Gujarat.BPIPL had earlier entered into an agreement with the Gujarat Maritime Board (GMB) in September 2024 for the port’s development. Under this arrangement, 235 hectares of land has been leased to BPIPL for 30 years, with provision for expansion by an additional 250 hectares.The new terminal is expected to significantly enhance logistic..

Next Story
Infrastructure Transport

Concord Launches India’s First Indigenous Zero-Emission Rail Propulsion

Concord Control Systems (CCSL), a leader in embedded electronics and critical rail technologies, has announced the development of India’s first fully indigenous zero-emission propulsion system, marking a significant step toward the country’s railway electrification and net-zero goals for 2030.Powered by Lithium Iron Phosphate (LFP) batteries and featuring a DC chopper-based drive, the propulsion system eliminates idling losses common in diesel engines, offering higher efficiency, lower costs, and zero emissions.What sets this innovation apart is its completely indigenous design. Except for..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?