Surana Solar Q2 FY26 Profit Surges 66% YoY to ₹54.3 Lakh; Stock Up Nearly 2%

Hyderabad, October 29, 2025 – Surana Solar Limited (BSE: 533298, NSE: SURANASOL) reported a 66% year-on-year (YoY) jump in consolidated net profit to ₹54.29 lakh for the quarter ended September 30, 2025, compared with ₹32.69 lakh in the same quarter last year.

Key Financial Highlights (₹ in lakh)

Surana Solar’s revenue from operations fell sharply by 81.9% YoY to ₹257.66 lakh in Q2 FY26, compared to ₹1,428.36 lakh a year ago, primarily due to lower solar trading activity. However, other income surged more than 13 times to ₹367.44 lakh, lifting the company’s total income to ₹625.10 lakh, though still 57% lower YoY.

On the cost side, total expenses dropped by 60.7% to ₹551.98 lakh, helping the company post a profit before tax of ₹73.12 lakh, marking a 50.8% increase YoY and a 100% rise sequentially.

After accounting for tax expenses of ₹18.83 lakh, the profit after tax stood at ₹54.29 lakh, up 66% YoY and 94% quarter-on-quarter (QoQ). The company’s earnings per share (EPS) improved to ₹0.11, compared with ₹0.07 in Q2 FY25.

Half-Yearly Summary (H1 FY26 vs H1 FY25)

For the first half of FY26, Surana Solar reported a total income of ₹1,070.26 lakh, down 59.2% from ₹2,622.13 lakh in H1 FY25. Despite the revenue decline, profit after tax rose 36% to ₹82.27 lakh, while EPS improved to ₹0.17, reflecting a 41.7% increase over the previous year.

The improvement in profitability was largely driven by higher other income and efficient cost management, which helped offset weaker operational revenue.

Stock Performance

The share price of Surana Solar Ltd closed at ₹32.42, which is a 1.98% gain on Wednesday. Surana Solar Ltd shares have dipped 38% in the last year, 0.97% in the last month, and 0.68% in the last 5 days.

Key Financial Indicators

Shares of Surana Solar Ltd opened at ₹32.25 and moved between a high of ₹32.70 and a low of ₹31.79 during the trading session. The company’s market capitalization stood at ₹158.99 crore. The stock currently trades without a declared P/E ratio or dividend yield. Over the past year, it has touched a 52-week high of ₹59.20 and a low of ₹27.02.

Based in Hyderabad, Surana Solar Ltd is part of the Surana Group and operates in India’s heavy electrical equipment sector. The company manufactures and trades solar photovoltaic modules, solar lighting systems, and renewable energy solutions. It has a paid-up equity capital of ₹2,460.33 lakh.

REF: https://nsearchives.nseindia.com/corporate/SURANASOL_29102025115658_SSL_BMOUTCOME_30092025SD.pdf

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