Solar Industries India · NSE: SOLARINDS · BSE: 532725

Q2 FY25 results · Jul–Sep 2024

Solar Industries India reported revenue from operations of ₹1,715.83 crore (up 27.3% from Q2 FY24) and net profit of ₹303.78 crore (up 45.4% from Q2 FY24) for Q2 FY25 (Jul–Sep 2024), on a consolidated basis.

Consolidated · ₹ crore
Item	Q2 FY25	Q2 FY24	YoY	Q1 FY25	QoQ
Revenue from operations	1,715.83	1,347.46	+27.3%	1,694.78	+1.2%
Other income	30.45	7.72	+294.4%	24.29	+25.4%
Total income	1,746.28	1,355.18	+28.9%	1,719.07	+1.6%
Profit before share of associates & JVs and tax	401.87	285.31	+40.9%	406.22	−1.1%
Share of profit/(loss) of associates & JVs	5.10	(0.78)		2.07
Net profit for the period	303.78	208.99	+45.4%	300.54	+1.1%
Attributable to shareholders of the company	7.76	200.14	−96.1%	286.46	−97.3%
EPS, basic (₹)	31.59	22.12	+42.8%	31.66	−0.2%
Net margin (%)	17.7	15.5		17.7

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	Q2 FY25	Q2 FY24	YoY	Q1 FY25	QoQ
Revenue from operations	905.49	830.34	+9.1%	1,044.59	−13.3%
Other income	31.64	13.56	+133.3%	25.78	+22.7%
Total income	937.13	843.90	+11.0%	1,070.37	−12.4%
Profit before tax	238.17	190.70	+24.9%	260.75	−8.7%
Net profit for the period	177.46	141.18	+25.7%	194.20	−8.6%
EPS, basic (₹)	19.61	15.60	+25.7%	21.46	−8.6%
Net margin (%)	19.6	17.0		18.6

Consolidated

Filed with BSE: 14 Nov 2024, 13:07 IST
Board meeting: 13 Nov 2024
Period: 01 Jul 2024 to 30 Sep 2024
Review status: Unaudited
Source: XBRL filing on BSE

Standalone

Filed with BSE: 14 Nov 2024, 13:07 IST
Board meeting: 13 Nov 2024
Period: 01 Jul 2024 to 30 Sep 2024
Review status: Unaudited
Source: XBRL filing on BSE