SOLARINDS Solar Industries India Q3 FY25 results (Oct–Dec 2024) and concall
Solar Industries delivered a blowout Q3 FY25 with 38% revenue growth driven by a massive 578% surge in defense revenue to INR 409 crores. Pinaka CCS clearance was the quarter's highlight, expected to add ~INR 6,000 crores to the order book. International business continued strong at INR 758 crores. Domestic explosive demand remained subdued due to elections and heavy monsoon. Management guided for FY25 defense revenue of INR 1,400-1,500 crores and expects 7-10 years of strong global ammunition demand.
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What they filed
| Line item | Q2 FY25 | Q3 FY25 |
|---|---|---|
| Revenue | 1,716 | 1,973 |
| EBITDA | 445 | 527 |
| Net profit | 304 | 338 |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.
