Solar industries Q2 results fail to bring cheers in stock price
DSIJ Intelligence / 23 Nov 2016
Solar Industries India Ltd., the largest manufacturer, supplier and exporter of commercial Explosives and Explosive Initiating systems in India, has declared its financial results for the quarter ended September 30, 2016.
Solar Industries India Ltd., the largest manufacturer, supplier and exporter of commercial Explosives and Explosive Initiating systems in India, has declared its financial results for the quarter ended September 30, 2016.
For the quarter ended September 30, 2016, PAT stands at Rs. 36.89 crore in Q2FY17; whereas EBITDA for Q2FY17 stands at Rs.69.57 crore.
For the Quarter ended September 30, 2016:
Gross sales stand at Rs. 348.79 crores
The EBITDA in Q2FY17 is Rs. 69.57 crore. EBIDTA % stands at 21.33% in Q2FY17 as compared to 21.68% in Q2FY16
PBT stands at Rs 52.46 crore in Q2FY17. PBT % stands at 16.08% in Q2FY17 as compared to 17.39% in Q2FY16
Net profit after minority tax is at Rs. 36.89 crore for Q2FY17. Net profit % stands at 11.31% in Q2FY17 as compared to 11.16% in Q2FY16.
Solar Industries shut shop at Rs 655.35 per share, down by almost 2.53 per cent or Rs 17 per share on Wednesday.
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