Announced Sat, 25 Jul · 12:59 IST
Surana Solar Q1 profit jumps 19x to Rs 5.44 cr, new CFO appointed
Business Updates View source PDF
SURANASOL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
—1-day move
₹26.41
prior close
₹28.50
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+5.3+5.2+4.0+2.5——————————
Up moveDown movePending
AI summary
Surana Solar reported Q1 FY27 revenue of Rs 17.15 cr, up over 8x from Rs 2.09 cr YoY. Net profit surged to Rs 5.44 cr from Rs 0.28 cr, with EPS at Rs 1.11 vs Rs 0.08. Solar Products segment drove growth, turning from a loss to Rs 61.5 lakh profit. Board also appointed Buvankar Shekarnath as new CFO and approved industrial land conversion under HILTP policy for 14,671 sq yards at Cherlapally.
Likely market impact
Strong quarter with revenue and profit jumping multi-fold YoY driven by Solar Products. New CFO and land conversion may unlock future value.