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Solar Industries reports impressive Q1FY27 consolidated revenue of ₹3,888.20 Cr, marking an 80.4% year-on-year surge. The company operates primarily in 'Explosives and related services'.
Net profit soared by 111.8% YoY to ₹711.03 Cr, with Basic EPS doubling to ₹21.05. Operating margin expanded to 25.74% from 22.23%, and net profit margin improved to 18.17%.
This strong performance reflects robust operational growth. While the cost of materials and other expenses increased, including a ₹25.33 Cr impact from hyperinflationary accounting in Turkey, the significant revenue increase led to enhanced profitability.
These results indicate strong financial momentum.