Solar Industries Board Approves Unaudited Financial Results, Girija Balakrishnan Appointed as Non-Executive Director

Solar Industries India Limited announced the Board’s approval of the unaudited financial results for Q2 FY26. Girija Balakrishnan and Viswanathan Lakshmanan were appointed as Non-Executive Directors for a 5-year term. The board also approved a postal ballot notice to seek shareholder approval for these appointments, with T.S. Pahade & Associates acting as scrutinizers.

Financial Performance Approved

The Board of Directors approved the unaudited financial results, both standalone and consolidated, for the quarter and half-year ended September 30, 2025 (Q2 FY26). This decision was made at a board meeting held on November 10, 2025.

Key Financial Figures

Consolidated Results:

  • Revenue from operations: ₹4,236.67 crore for the half year.
  • Net profit: ₹714.07 crore for the half year.

New Appointments

The Board approved the appointment of Smt. Girija Balakrishnan (DIN: 06841071) and Shri Viswanathan Lakshmanan (DIN: 00193056) as Non-Executive Directors for an initial term of five years. This decision is subject to shareholder approval via postal ballot.

M/s T.S. Pahade & Associates will act as scrutinizers for the postal ballot process, ensuring fairness and transparency.

Standalone Financial Highlights

  • Revenue from operations: ₹2,512.37 crore for the half year.
  • Net profit: ₹514.47 crore for the half year.

Source: BSE

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