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SOLAR INDUSTRIES INDIA ‘s Q3 2024-25 Latest News: Profit Rises by 52.07% YoY

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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:

This report meticulously dissects the performance of SOLAR INDUSTRIES INDIA LTD., offering a panoramic view of its operational success and challenges. It delves into a variety of financial metrics, such as revenue growth, profit margins, and shareholder returns, juxtaposed against the backdrop of broader economic conditions and sector-specific trends. The analysis further explores the investor community’s perception and expectations, which influence the stock’s volatility and potential returns. By providing a forecast based on quantitative analyses and market sentiment, the report aims to outline the potential risks and rewards, guiding investors toward making strategic, data-driven investment choices.

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.

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