Solar Industries India · NSE: SOLARINDS · BSE: 532725

Q1 FY23 results · Apr–Jun 2022

Solar Industries India reported revenue from operations of ₹1,615.64 crore (up 95.8% from Q1 FY22) and net profit of ₹182.63 crore (up 81.1% from Q1 FY22) for Q1 FY23 (Apr–Jun 2022), on a consolidated basis.

Consolidated · ₹ crore
Item	Q1 FY23	Q1 FY22	YoY	Q4 FY22	QoQ
Revenue from operations	1,615.64	825.23	+95.8%	1,316.85	+22.7%
Other income	8.58	0.80	+972.5%	0.77	11x
Total income	1,624.22	826.03	+96.6%	1,317.62	+23.3%
Profit before share of associates & JVs and tax	246.74	140.08	+76.1%	219.18	+12.6%
Share of profit/(loss) of associates & JVs	(0.02)	0.00		0.00
Net profit for the period	182.63	100.85	+81.1%	174.79	+4.5%
Attributable to shareholders of the company	170.21	97.51	+74.6%	167.89	+1.4%
EPS, basic (₹)	18.81	10.78	+74.5%	18.55	+1.4%
Net margin (%)	11.3	12.2		13.3

This company reports a share of profit/(loss) from associates and joint ventures. BSE’s filing format records that share after tax, so it is shown on its own line. The company’s own statement may add it before its “profit before tax” line.

Standalone · ₹ crore
Item	Q1 FY23	Q1 FY22	YoY	Q4 FY22	QoQ
Revenue from operations	987.80	533.07	+85.3%	916.38	+7.8%
Other income	17.72	9.98	+77.6%	14.54	+21.9%
Total income	1,005.52	543.05	+85.2%	930.92	+8.0%
Profit before tax	107.50	94.35	+13.9%	139.89	−23.2%
Net profit for the period	79.86	70.18	+13.8%	102.35	−22.0%
EPS, basic (₹)	8.83	7.76	+13.8%	0.00	—
Net margin (%)	8.1	13.2		11.2

Consolidated

Filed with BSE: 26 Jul 2022, 13:06 IST
Board meeting: 25 Jul 2022
Period: 01 Apr 2022 to 30 Jun 2022
Review status: Unaudited
Source: XBRL filing on BSE

Standalone

Filed with BSE: 26 Jul 2022, 13:06 IST
Board meeting: 25 Jul 2022
Period: 01 Apr 2022 to 30 Jun 2022
Review status: Unaudited
Source: XBRL filing on BSE