Solar Industries' Q2 profit rose 80% to Rs 650 crore as revenue grew 69% to Rs 3,519 crore.
Results · Finvezto · 3 Nov 2026 · Solar Industries (SOLARINDS)
Results Q2 FY27, ₹ Cr
| Q2 FY27 | ₹ Cr | QoQ | YoY |
|---|---|---|---|
| Revenue | 3,519 | -4.1% | +69.0% |
| Operating profit | 1,006 | -0.9% | +81.9% |
| Net profit | 650 | -2.5% | +79.7% |
| Operating margin | 28.6% | +0.9 pp | +2.0 pp |
| Net margin | 18.5% | +0.3 pp | +1.1 pp |
Key points
- Solar Industries India reported a 69% YoY increase in consolidated net revenue to Rs 3,519 crore for Q2 FY27, with EBITDA rising 75% to Rs 1,021 crore and profit after tax growing 80% to Rs 650 crore. NSE filing
- The company held an order book of Rs 20,178 crore and noted expectations to surpass its stated full-year guidance for FY2026-27. NSE filing
- Revenue was ₹3,519 Cr, up 69.0% on a year earlier and down 4.1% on the quarter before. Finvezto data
Anand's note
Anand Ganapathy K: EBITDA margin widened to 29.0% from 28.0%, and the company expects to beat its FY27 guidance. The order book stands at Rs 20,178 crore. Source: Stock note
Other figures
- Order book: ₹20,178 Cr
What to watch
- Operating margin over the last 4 quarters (Dec 25, Mar 26, Jun 26, Sep 26): 27.8%, 27.1%, 27.7%, 28.6%.
- Net profit over the last 4 quarters (Dec 25, Mar 26, Jun 26, Sep 26), ₹ Cr: 467, 556, 666, 650.
Links
NSE filing (PDF) · Company page · Results tracker
Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630.