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For the full year,net profit rose 38.70% to Rs 1677.55 crore in the year ended March 2026 as against Rs 1209.44 crore during the previous year ended March 2025. Sales rose 30.47% to Rs 9837.74 crore in the year ended March 2026 as against Rs 7540.26 crore during the previous year ended March 2025.
Profit before tax (PBT) for the quarter stood at Rs 635.91 crore in Q3 FY26, up 38.51% from the Rs 459.11 crore reported in Q3 FY25. EBITDA stood at Rs 733 crore in Q3 FY26, registering a growth of 37% as compared with Rs 536 crore in Q3 FY25. EBITDA margin improved to 28.77% in Q3 FY26 from 27.17% in Q3 FY25.
Total expenses increased 27.08% to Rs 1,937.35 crore in Q3 FY26 as compared with Rs 1,524.47 crore in Q3 FY25. The cost of raw material consumed stood at Rs 1,116.34 crore (up 22.39% YoY), and employee benefit expenses were at Rs 213.90 crore (up 41.95% YoY) during the period under review.
Solar Industries India (SIIL) is the flagship company of the Solar Group. SIIL, along with its subsidiaries, manufactures bulk explosives, packaged explosives, and initiating systems, which find application in the mining, infrastructure, and construction industries.
Shares of Solar Industries India jumped 5.09% to close at Rs 13,868.65 on the BSE.
Solar Industries India has bagged an additional order aggregating to Rs 1,746 crore from Coal India for and on behalf of its subsidiaries for the supply of bulk explosives, to be delivered over a period of two years.
Earlier, the company had received an order aggregating to Rs 483 crore received from Southeastern Coalfields (SECL), subsidiary company of Coal India on 08 October 2025.
Consequent to the receipt of additional order of Rs 1,746 crore the total order value from Coal India stands at Rs 2,229 crore.