Solar Industries India reports strong earnings beat
pre-market1 source ↓written by the desknot a recommendation
- quarterly revenues
- ₹25b
- project revenues
- ₹123.8b by 2027
- over the past
- 38% revenue growth
Solar Industries India Limited reported quarterly revenues of ₹25b, matching analyst expectations. However, the company surprised with a statutory profit of ₹49.31 per share, exceeding forecasts. Following these results, analysts project revenues of ₹123.8b by 2027, indicating a 38% revenue growth over the past year. This positive sentiment may boost investor confidence.
Not investment advice. For informational purposes only.