Solar Industries India reported a consolidated net profit of Rs 652.6 crore for the first quarter ended June 30, 2026. This figure represents a 92.7% year-over-year increase from Rs 338.7 crore. Revenue from operations climbed 71.2% to reach Rs 3,688.2 crore. Both revenue and net income exceeded analyst expectations.
The company announced these results following a board meeting on August 13, 2026. Shares rose as much as 9% during intraday trading and closed 8.5% higher at Rs 20,324 on the National Stock Exchange.
The company’s total order book stands at Rs 21,350 crore. This backlog provides strong revenue visibility for future periods.