Solar Industries India Limited announced the board’s approval of the unaudited financial results for Q3 2026. The company reported revenue from operations of ₹2,548.32 crore and net profit of ₹466.54 crore. Basic earnings per share stood at ₹49.31. The results highlight the company’s financial performance for the quarter and nine-month period ended December 31, 2025.
Financial Performance
Solar Industries India Limited reported revenue from operations of ₹2,548.32 crore for Q3 2026, compared to ₹1,973.08 crore in Q3 2025. Other income totaled ₹25.07 crore, bringing the total income to ₹2,573.39 crore. The company’s net profit for the quarter was ₹466.54 crore, with basic earnings per share at ₹49.31.
Nine-Month Performance
For the nine months ended December 31, 2025, Solar Industries reported revenue from operations of ₹6,784.99 crore. The net profit for this period reached ₹1,180.61 crore.
Key Financial Metrics
Significant financial ratios include:
Debt Equity Ratio: 0.22
Debt Service Coverage Ratio: 7.32
Interest Service Coverage Ratio: 21.95
The company’s Board of Directors approved these results at a meeting held on February 3, 2026.
Impact of Labour Codes
The company recognized a financial impact of ₹3.59 crore related to the implementation of the new Labour Codes, in accordance with Ind AS 19 for Employee Benefits during Q3 2026.
Problast Group Acquisition
Following the acquisition of a controlling stake in Problast Group, South Africa effective from July 1, 2024, the purchase price allocation has been finalized. The goodwill on acquisition is reported at ₹117.27 crore.
Source: BSE
