Solar Industries India Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
SOLARINDS · price
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Solar Industries India reported strong FY2026 results with consolidated revenue of Rs 9,837.74 crore, up 30.5% YoY from Rs 7,540.26 crore. Net profit grew 34.8% to Rs 1,736.64 crore from Rs 1,287.93 crore. EBITDA margin expanded to 24.10% from 23.67% last year. The company applied Ind AS 29 (hyperinflationary accounting) for its Turkey subsidiaries, resulting in a restatement impact of Rs 94.53 crore for the year. Figures for prior periods were also restated due to final purchase price allocation for the Problast Group acquisition completed in July 2024. Standalone revenue grew 25.2% to Rs 5,578.86 crore with net profit up 52.1% to Rs 1,221.70 crore. The board recommended a dividend of Rs 11 per share.
Strong operational performance with robust revenue and profit growth; margin expansion indicates improving profitability. Restatement of prior period figures due to acquisition accounting does not indicate operational issues.