Solar Industries India Limited announced the outcome of its Board of Directors meeting held on November 03, 2026. The board reviewed and approved the unaudited financial results for the quarter and half-year ended September 30, 2026, both on standalone and consolidated bases. Additionally, the company approved the appointment of M/s Price Waterhouse Chartered Accountants LLP as its statutory auditor for a five-year term, replacing the retiring auditor.
Board Meeting Outcome
Solar Industries India Limited held a Board of Directors meeting on Tuesday, November 03, 2026, at its “Solar” House in Nagpur. During this meeting, the board considered and approved key financial and governance matters.
Financial Results Approved
The Board has approved the Unaudited Financial Results (Standalone and Consolidated) for the quarter and half-year ended September 30, 2026. These results were accompanied by a Limited Review Report.
Auditor Appointments
Following the recommendation of the Audit Committee, the Board approved the appointment of M/s Price Waterhouse Chartered Accountants LLP as Statutory Auditors. They will replace the retiring Statutory Auditor, M/s SRBC & Co. LLP. Furthermore, M/s Gandhi Rathi & Co. has been re-appointed as joint Statutory Auditors. These appointments are for a five-year term, commencing from the conclusion of the 32nd Annual General Meeting (AGM) in 2027 until the conclusion of the 37th AGM in 2032, subject to shareholder approval.
Meeting Details
The Board meeting commenced at 12:45 p.m. and concluded at 01:30 p.m. on November 03, 2026.
Financial Highlights (Consolidated)
For the quarter ended September 30, 2026, Solar Industries India Limited reported a Net Profit for the period of ₹650.04 crore on total income of ₹3,534.29 crore. Total comprehensive income stood at ₹834.88 crore. For the half-year ended September 30, 2026, the company posted a Net Profit of ₹1,316.41 crore with total income of ₹7,211.01 crore and total comprehensive income of ₹1,525.90 crore.
Financial Highlights (Standalone)
On a standalone basis for the quarter ended September 30, 2026, the company reported a Net Profit of ₹320.21 crore on total income of ₹1,493.03 crore. Total comprehensive income was ₹602.62 crore. For the half-year ended September 30, 2026, standalone Net Profit was ₹678.59 crore with total income of ₹3,179.18 crore and total comprehensive income of ₹958.20 crore.
Source: BSE
