Solar Industries India Limited reported a strong financial performance for Q3 FY26. Revenue reached ₹2,548.32 crore, up from ₹1,973.08 crore in Q3 FY25. Net profit for the quarter stood at ₹466.54 crore. The company also finalized the purchase price allocation for Problast Group, acquired earlier, and the Goodwill on acquisition now stands at ₹117.27 crore.
Financial Performance
Solar Industries India Limited announced its unaudited consolidated financial results for the quarter and nine months ended December 31, 2025. Key highlights from the report include:
- Revenue from Operations: Increased to ₹2,548.32 crore for Q3 FY26, compared to ₹1,973.08 crore in Q3 FY25.
- Net Profit: Reached ₹466.54 crore for the quarter.
- Earnings Per Share (EPS): Stood at ₹49.31 per share (both basic and diluted).
Nine-Month Performance
The cumulative performance for the nine months ended December 31, 2025, also demonstrated strong growth:
- Revenue from Operations: Totaled ₹6,784.99 crore.
- Net Profit: Reached ₹1,180.61 crore.
Problast Group Acquisition
The company has finalized the purchase price allocation for the acquisition of Problast Group, effective from July 1, 2024. As a result, the Goodwill on acquisition has been finalized at ₹117.27 crore. The reported and restated figures as of March 31, 2025, have been adjusted to reflect this allocation.
Source: BSE
