Q3FY17 Results : Solar Industries India Ltd
Bhagyashree Vivarekar / 14 Feb 2017
The company reported PAT of Rs 49.5 crore, which represents a sequential QoQ increase of 26.6 per cent and a YoY increase of 11.24 per cent
Solar Industries India Ltd. reported its consolidated results for the quarter ended December 31, 2016 today.
The company reported sales of Rs 433.2 crore for Q3FY17, which represents a 31.99 per cent sequential increase and 13.67 per cent YoY increase.
Its operating profit (EBIT) for the quarter came in at Rs 70.4 crore and the EBIT margin stood at 16.25 per cent.
The company reported PAT of Rs 49.5 crore, which represents a sequential QoQ increase of 26.6 per cent and a YoY increase of 11.24 per cent.
Solar Industries India Ltd is a comprehensive explosives and initiating devices manufacturing company. The company operates in three segments - explosives, trading and others. The company's product range includes explosives (bulk and catridged), accessories (detonator, detonating fuse, cast boster), and speciality chemicals (solar pride).
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