Solar Industries Announces Q3 FY2026 Financial Results and Director Reappointment
Solar Industries India Limited today announced its audited financial results for the quarter and year ended March 31, 2026, alongside material corporate updates regarding its board structure and dividend payouts.The company also reported that the board approved the re-appointment of Shri Milind Deshmukh (DIN: 09256690) as an Executive Director. This designation is effective for a term of three years, running from July 29, 2026, to July 28, 2029, pending shareholder approval at the upcoming General Meeting. Regarding dividends, the company noted that the dividend, if approved by the members at the ensuing Annual General Meeting (AGM), will be paid within 30 days of the AGM date.
Quarterly and Annual Financial Performance
The company released detailed audited consolidated and standalone financial results for the periods ending March 31, 2026.Consolidated Financial Results
The audited consolidated financial results for the quarter and year ended March 31, 2026, highlighted the following key income and expense figures:| Particulars | Q ended 31.03.2026 (Audited) | Q ended 31.12.2025 (Unaudited) | Q ended 31.03.2025 (Audited) | Year ended 31.03.2026 (Audited) | Year ended 31.03.2025 (Audited) |
|---|---|---|---|---|---|
| Revenue from Operations | 3,052.75 | 2,548.32 | 2,166.55 | 9,837.74 | 7,540.26 |
| Total Income | 3,097.22 | 2,573.39 | 2,173.10 | 9,965.72 | 7,611.09 |
| Total Expenses | 2,339.47 | 1,937.35 | — | 7,600.77 | 5,877.90 |
| Net Profit for the period | 556.03 | 466.54 | 346.11 | 1,736.64 | 1,287.93 |
| Total Comprehensive Income | 682.13 | 527.47 | 318.39 | 2037.64 | 1222.93 |
| Net Profit attributable to Owners | 547.63 | 446.25 | 322.23 | 1,677.55 | 1,209.44 |
Standalone Financial Results
The standalone financial results for the same periods showed the following income statement details:| Particulars | Q ended 31.03.2026 (Audited) | Q ended 31.12.2025 (Unaudited) | Q ended 31.03.2025 (Audited) | Year ended 31.03.2026 (Audited) | Year ended 31.03.2025 (Audited) |
|---|---|---|---|---|---|
| Revenue from Operations | 1,573.71 | 1,492.78 | 1,299.28 | 5,578.86 | 4,456.60 |
| Total Income | 1,657.19 | 1,530.29 | 1,313.81 | 5,786.10 | 4,540.35 |
| Total Expenses | 3,03.98 | — | — | 1,640.68 | 1,077.29 |
| Net Profit for the period | 377.78 | 329.45 | 227.03 | 1,221.70 | 803.11 |
| Total Comprehensive Income | 393.10 | 330.36 | 211.97 | 1,250.35 | 797.41 |
Financial Position and Cash Flow Highlights
The company also released its audited balance sheets and cash flow statements for two years.Consolidated Balance Sheet Snapshot
As of March 31, 2026, the Group reported total assets of 10,918.50 f Crores, compared to 8,298.08 f Crores on the same date in the previous year.| Particulars | As at 31.03.2026 (Audited) | As at 31.03.2025 (Audited) |
|---|---|---|
| Total Assets | 10,918.50 | 8,298.08 |
| Total Equity and Liabilities | 10,918.50 | 8,298.08 |
Standalone Balance Sheet Snapshot
The standalone financial position reflected total assets of 3,517.26 f Crores as at March 31, 2026, up from 2,496.92 f Crores in the preceding year.| Particulars | As at 31.03.2026 (Audited) | As at 31.03.2025 (Audited) |
|---|---|---|
| Total Assets | 3,517.26 | 2,496.92 |
| Total Equity and Liabilities | 5,528.99 | 4,435.72 |
Cash Flow Summary
The audited consolidated cash flow statements provided insight into operations, investing, and financing activities.| Cash Flow Activity | Year ended March 31, 2026 (Audited) | Year ended March 31, 2025 (Audited) |
|---|---|---|
| Net cash flows from operating activities | 620.87 | 2,467.56 |
| Net cash flows used in investing activities | — | — |
| Net cash flows from /(used in) financing activities | 209.46 | (476.36) |
| Net increase in cash and cash equivalents | (120.99) | 316.09 |
The standalone statement of cash flows recorded a net cash flow from operating activities of 927.34 f Crores for the year ended March 31, 2026, compared to 1,053.91 f Crores in the previous year.
SOLARINDS Stock Price Movement
Today, Solar Industries India Limited shares closed significantly higher in post-market trading, edging up 3.74% to settle at ₹17,288. The stock saw robust interest throughout the day, matching its upward momentum with a total traded volume of 294,316 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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