Solar Industries today reported a 20 per cent increase in consolidated net profit at Rs 65.88 crore for the quarter ended March.
The industrial explosives maker had posted a net profit of Rs 54.93 crore in the same quarter last year.
Its total income for the January-March period stood at Rs 575.34 crore, up 30 per cent from Rs 442.10 crore posted in the year-ago period.
“We continue to have a positive outlook on our business because of increased focus on road construction activities across the country. Our overseas and exports delivered a stellar performance as we recorded a growth of 53 per cent during the year,” said Manish Nuwal, managing director and chief executive officer, Solar Industries. Read More
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