Solar Industries India bags <span class='rupeeNews'>R<span>s</span></span> 1,400-cr defence order from global clients

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19 November 2025 00:00:00

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Solar Industries India bags Rs 1,400-cr defence order from global clients	Share Back
(18 Nov 2025)
The names of the clients have been kept confidential. The order, placed by international entities, involves the supply of defence products and will be executed over a period of 4 years. The company clarified that neither its promoters nor the promoter group have any interest in the awarding entities, and the transaction does not qualify as a related-party deal. Solar Industries India is primarily involved in manufacturing of complete range of industrial explosives and explosive initiating devices. It manufactures various types of packaged emulsion explosives, bulk explosives and explosive initiating systems. The company's consolidated net profit jumped 20.7% to Rs 344.97 crore on 21.4% rise in revenue from operations to Rs 2082.22 crore in Q2 FY26 over Q2 FY25. Shares of Solar Industries India shed 0.28% to Rs 13,878.30 on the BSE.
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