Solar Industries Q4 Results: Profit Jumps 37%; Dividend Of Rs 10 Apiece
Revenue rose 35% to Rs 2,166.6 crore in the January–March period.
Solar Industries India Ltd.'s consolidated net profit surged 37% in the fourth quarter of fiscal 2025, according to an exchange filing on Tuesday.
The company recorded a bottom line of Rs 322.2 crore in the January–March period as compared to Rs 235.1 crore in the same quarter of the previous financial year, it added.
Solar Industries Q4 Highlights (Consolidated, YoY)
Revenue up 35% to Rs 2,166.6 crore versus Rs 1,610.7 crore.
Ebitda up 53% to Rs 539.7 crore versus Rs 353.7 crore.
Margin expands to 24.9% versus 22%.
Net profit up 37% to Rs 322.2 crore versus Rs 235.1 crore.
The board of Solar Industries recommended a final dividend of Rs 10 per share at a face value of Rs 2 each for the financial year 2024-25.
The proposed dividend is subject to the approval for the required stakeholders at the company's annual general meeting. If approved, then the dividend will be dispatched within 30 days from the date of the AGM.
Shares of Solar Industries closed 1.57% lower at Rs 13,489 apiece on the National Stock Exchange, compared to a 0.96% fall in the benchmark Nifty. The stock has risen 42.78% in the last 12 months and 37.88% on a year-to-date basis.
Out of six analysts tracking the company, five have a 'buy' rating on the stock and one suggests 'hold', according to Bloomberg data. The average of 12-month analysts' price target implies a potential downside of 5.3%.
