Solar Industries targets revenue growth after Omnia acquisition
after close1 source ↓written by the desknot a recommendation
- Omnia Holdings
- ₹12,951 crore
- in revenue
- ₹32,000 crore
- in EBITDA
- ₹7,000 crore
Solar Industries announced its largest acquisition, buying Omnia Holdings for ₹12,951 crore. This deal aims to elevate combined FY28 targets to ₹32,000 crore in revenue and over ₹7,000 crore in EBITDA, enhancing its global manufacturing and distribution capabilities.
The acquisition significantly boosts growth expectations, potentially impacting market sentiment positively as the company expands its footprint in the international market.
Not investment advice. For informational purposes only.