# Solar Industries Q1 net profit jumps 92.6% to Rs 666 crore

2026-08-10T14:57:50+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 3 independent outlets

Solar Industries reported a 92.6% jump in net profit to Rs 666 crore for the April-June quarter, with revenue rising 70.3% to Rs 3,668 crore. Growth was led by a 123% surge in its defence business, while international explosives grew 65% and domestic explosives rose 52%. EBITDA climbed 82% to Rs 1,024 crore, and margin expanded to 27.7% from 24.8%. The company holds an order book of Rs 21,350 crore and targets Rs 14,000 crore in revenue for FY27. Shares hit a record high, closing 6.43% up at Rs 20,290, their biggest gain in six months.

## Coverage

- freepressjournal.in <https://www.freepressjournal.in/business/rain-industries-profit-jumps-fourfold-to-341-crore-revenue-reaches-5167-crore>
- livemint.com <https://www.livemint.com/market/stock-market-news/solar-industries-q1-results-net-profit-jumps-92-6-yoy-to-rs-653-crore-revenue-up-703-11786614253420.html>
- businesstoday.in <https://www.businesstoday.in/markets/stocks/story/solar-industries-q1-earnings-effect-stock-hits-record-high-rises-most-in-six-months-549039-2026-08-13?utm_source=rssfeed>

Tags: carbon materials, cement division, geopolitical risks, profit surge, quarterly results, Rain Industries
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