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The Economic Times
The Economic Times
Debaroti Adhikary

Solar Industries shares jump 8% to fresh lifetime high after Q1 net profit soars 93% YoY to Rs 653 crore

Shares of solar Industries jumped over 8% to hit a fresh lifetime high on Thursday, after the company reported a whopping 93% year-on-year jump in consolidated net profit to Rs 652.55 crore for the first quarter of FY27, from Rs 339 crore reported in the corresponding quarter of the previous financial year.

The firm’s revenue from operations meanwhile surged over 70% YoY to Rs 3,668 crore during the April-June quarter of the ongoing financial year 2027, from Rs 2,154 crore reported in the same period of FY26. The company's shares surged to Rs 20,240 apiece after the results were released.

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