Solar Industries India: September ’22 Results Update
Moneylife Digital Team 14 November 2022
Solar Industries India (Solar) posted robust numbers in Q2FY22-23. We had written about this company in detail here. Revenue was up by 99% y-o-y (year-on-year) to Rs1,567 crore, driven by higher realisation and continued scale-up in overseas markets. Volumes increased 9% y-o-y, whereas realisations jumped 74% y-o-y. Initiating systems sales grew 50% y-o-y to Rs126 crore. Defence segment...
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