Share the post "SOLAR INDUSTRIES INDIA ‘s Q3 2024-25 Latest News: Profit Rises by 52.07% YoY"
Highlights
🔹 The presented financial data is Consolidated to provide a comprehensive overview of the company performance. 🔹 Sales over the Year and quarter: The company experienced a substantial growth of 38.06 % in the past year, substantial increase in net sales/revenue by 14.99 %. 🔹 Income over the Year and quarter: There has been decline in other income over the past year which is -12.56 %, Marginal decrease of -68.67% in other income during this quarter. 🔹 Profit over the Year and quarter: Significant improvement in profitability for SOLAR INDUSTRIES INDIA LTD.. Notable increase of 52.07 % in net profit Year to Year, SOLAR INDUSTRIES INDIA LTD.’s profitability increased by 11.1 % in this quarter. 🔹 EPS over the Year and quarter:
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 1429.14 Cr | Rs. 1715.83 Cr | Rs. 1973.08 Cr | + 14.99 % | + 38.06 % |
Expenses | Rs. 1072.9 Cr | Rs. 1271.06 Cr | Rs. 1446.54 Cr | + 13.81 % | + 34.83 % |
Operating Profit | Rs. 356.24 Cr | Rs. 444.77 Cr | Rs. 526.54 Cr | + 18.38 % | + 47.8 % |
OPM % | 24.93 % | 25.92 % | 26.69 % | + 0.77 % | + 1.76 % |
Other Income | Rs. 10.91 Cr | Rs. 30.45 Cr | Rs. 9.54 Cr | -68.67 % | -12.56 % |
Interest | Rs. 28.29 Cr | Rs. 29.74 Cr | Rs. 30.51 Cr | + 2.59 % | + 7.85 % |
Depreciation | Rs. 38.6 Cr | Rs. 43.61 Cr | Rs. 47.42 Cr | + 8.74 % | + 22.85 % |
Profit before tax | Rs. 300.26 Cr | Rs. 401.87 Cr | Rs. 458.15 Cr | + 14 % | + 52.58 % |
Tax % | 25.64 % | 25.68 % | 26.54 % | + 0.86 % | + 0.9 % |
Net Profit | Rs. 221.94 Cr | Rs. 303.78 Cr | Rs. 337.5 Cr | + 11.1 % | + 52.07 % |
EPS in Rs | Rs. 22.47 | Rs. 31.59 | Rs. 0 | 0 % | 0 % |
Today, we’re looking at SOLAR INDUSTRIES INDIA LTD.’s financial performance for the Q3(Dec 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 38.06 %. However, it did see a marginal increase of 14.99 % from the previous quarter. Expenses ticked up slightly by 13.81 % quarter-on-quarter, aligning with the annual rise of 34.83 %. Operating profit, while up 47.8 % compared to last year, faced a quarter-on-quarter increase of 18.38 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 1.76 %, but an expansion of 0.77 % sequentially. Other income fell by -68.67 % compared to the last quarter, despite an annual decline of -12.56 %. Interest expenses surged remarkably by 2.59 % from the previous quarter, yet the year-over-year increase remains at a moderate 7.85 %. Depreciation costs climbed by 8.74 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 22.85 %. Profit before tax grew annually by 52.58 % but saw an increase from the preceding quarter by 14 %.
Tax expenses as a percentage of profits increased slightly by 0.9 % compared to last year, with a more notable quarter-on-quarter increase of 0.86 %. Net profit rose by 52.07 % year-on-year but experienced a 11.1 % expansion from the last quarter. In summary, SOLAR INDUSTRIES INDIA LTD.’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 1429.14 Cr | Rs. 1715.83 Cr | Rs. 1973.08 Cr | + 14.99 % | + 38.06 % |
Expenses | Rs. 1072.9 Cr | Rs. 1271.06 Cr | Rs. 1446.54 Cr | + 13.81 % | + 34.83 % |
Operating Profit | Rs. 356.24 Cr | Rs. 444.77 Cr | Rs. 526.54 Cr | + 18.38 % | + 47.8 % |
Net Profit | Rs. 221.94 Cr | Rs. 303.78 Cr | Rs. 337.5 Cr | + 11.1 % | + 52.07 % |
EPS in Rs | Rs. 22.47 | Rs. 31.59 | Rs. 0 | 0 % | 0 % |
In reviewing SOLAR INDUSTRIES INDIA LTD.’s 2024-25(Q3) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 38.06 % year-on-year growth, however, there was a minor increase of 14.99 % from the previous quarter. Expenses rose by 34.83 % compared to the previous year, with a 13.81 % increase quarter-on-quarter. Operating Profit surged by 47.8 % annually, and saw a 18.38 % increase from the last quarter.
Net Profit showed yearly increase of 52.07 %, and experienced a 11.1 % increase from the previous quarter. In essence, while SOLAR INDUSTRIES INDIA LTD. exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.