New Delhi, Aug. 13 -- Solar Industries reported a strong set of Q1 FY27 results on Thursday, 13 August, with net profit surging 92.6% year-on-year to Rs.653 crore, compared with Rs.339 crore in the corresponding quarter last year. The robust earnings growth was supported by broad-based strength across its defence and explosives businesses.

Revenue from operations rose 70.3% YoY to Rs.3,668 crore, up from Rs.2,154 crore a year earlier. EBITDA climbed 82% to Rs.1,024 crore from Rs.564 crore, reflecting strong operating performance across business segments.

The company also delivered higher profitability, with its EBITDA margin expanding to 27.7% from 24.8%, an improvement of 290 basis points year-on-year.

Growth was driven by exceptional...