Solar Industries hits record quarterly EBITDA of INR564cr

Solar Industries India Limited achieved record quarterly EBITDA of INR564 crores and PAT of INR353 crores in Q1 FY26. Turnover reached INR2,154 crores, up 28% year-on-year.

International business grew 43% to INR826 crores, while defense revenue surged 115% to INR418 crores. The company maintains full-year revenue guidance of INR10,000 crores despite early monsoon impacts on domestic explosives.

Defense growth is expected to accelerate with an order book of around INR15,000 crores and commercialization of Pinaka orders.