Stock Report

Surana Solar Reports Surge in Q1 FY27 Net Profit to ₹5.44 Crore Driven by Higher Other Income and Revenue Growth

Posted On : 2026-07-25 12:04:02( TIMEZONE : IST )

Surana Solar Limited (BSE: 533298, NSE: SURANASOL, CIN: L45200TG2006PLC051566) has reported its unaudited financial results for the first quarter ended June 30, 2026.

The Hyderabad-based solar products and renewable energy company recorded substantial sequential and year-on-year top-line and bottom-line growth, primarily boosted by expansion in solar products revenue and a sharp surge in non-operating income.

Key Financial Highlights (Q1 FY27 vs Q1 FY26 & Q4 FY26)

Revenue from Operations: Escalated to ₹1,715.06 Lakhs (~₹17.15 Crore), representing a 722.29% YoY increase from ₹208.65 Lakhs in Q1 FY26 and a 25.98% sequential rise from ₹1,361.35 Lakhs in Q4 FY26.

Other Income: Reached ₹635.54 Lakhs (~₹6.36 Crore), compared to ₹236.52 Lakhs in Q1 FY26 and ₹70.76 Lakhs in Q4 FY26.

Total Income: Stood at ₹2,350.60 Lakhs (~₹23.51 Crore), up significantly from ₹445.16 Lakhs in Q1 FY25 and ₹1,432.11 Lakhs in Q4 FY26.

Profit Before Tax (PBT): Jumped to ₹637.07 Lakhs (~₹6.37 Crore), compared to ₹36.50 Lakhs in the year-ago period and ₹17.51 Lakhs in the preceding quarter.

Net Profit (PAT): Surged to ₹544.07 Lakhs (~₹5.44 Crore), registering a sharp growth over ₹27.97 Lakhs in Q1 FY26 and ₹19.80 Lakhs in Q4 FY26.

Earnings Per Share (EPS): Basic and diluted EPS for the quarter stood at ₹1.11 per share (face value of ₹5 per equity share), compared to ₹0.06 in Q1 FY26 and ₹0.04 in Q4 FY26.

Segmental Performance Overview

1. Segment Revenue

Solar Products: Generated ₹1,715.06 Lakhs, forming 100% of the operational segment revenue for the quarter. This marks a notable recovery from ₹207.30 Lakhs in Q1 FY26 and ₹1,350.99 Lakhs in Q4 FY26.

Renewable Energy (Power Generation): Segment revenue recorded at Nil for Q1 FY27, compared to ₹1.35 Lakhs in Q1 FY26 and ₹10.36 Lakhs in Q4 FY26.

2. Segment Profitability

Solar Products: Operating profit for the segment turned around to ₹61.51 Lakhs, as against a segment loss of ₹34.70 Lakhs in Q1 FY26 and a segment profit of ₹43.65 Lakhs in Q4 FY26.

Renewable Energy: Segment result came in at ₹0.82 Lakhs compared to ₹0.53 Lakhs in Q1 FY26.

Unallocable Income/Expenditure: Net unallocable corporate income stood at ₹575.24 Lakhs (supported by higher other income), driving total PBT up to ₹637.07 Lakhs.

Cost Structure & Balance Sheet Snapshot

Raw Material Expenses: Cost of materials consumed stood at ₹1,387.07 Lakhs, compared to ₹264.48 Lakhs in Q1 FY26.

Finance Costs: Reduced significantly to ₹0.50 Lakhs from ₹3.85 Lakhs in Q1 FY26 and ₹5.85 Lakhs in Q4 FY26.

Capital Employed: Total capital employed as of June 30, 2026, expanded to ₹6,305.09 Lakhs, up from ₹5,762.84 Lakhs as of March 31, 2026, driven by higher corporate unallocable assets.

Shares of Surana Solar Limited was last trading in BSE at Rs. 26.45 as compared to the previous close of Rs. 26.20. The total number of shares traded during the day was 9565 in over 108 trades.

The stock hit an intraday high of Rs. 26.70 and intraday low of 25.15. The net turnover during the day was Rs. 250416.00.