Solar Industries India: December ’22 Results Update
Moneylife Digital Team 28 January 2023
Solar Industries India (Solar), once again, revised its guidance upwards on the back of strong growth prospects and healthy numbers in Q3FY22-23. In the December quarter, sales rose by 78% y-o-y (year-on-year) to Rs1,812 crore, led by higher realisations and growth in export markets and non-CIL (Coal India Ltd) institutions. Explosives volume grew by 17% y-o-y to 122,030 tonnes, whereas price...
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