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Industries India LimitedMain BoardEquity2025-04-012026-03-312025-11-102025-11-03INRCroresQuarterlySecond quarterSingle segmentMANUFACTURING OF EXPLOSIVES AND INITIATING SYSTEMS2025-11-1013:30:002025-11-1014:15:00trueCash Flow IndirectNot applicabletruetrueNANAfalsefalsefalsefalseNot Applicable2025-07-012025-09-30UnauditedStandalone112522000005658000001181800000047652000001177500000-13270000067570000062600000247300000186760000086632000003154800000031548000007607000004460000080530000002349500000000023495000001200000002469500000181000000225.9625.960025.9625.960.00040.10090.52392025-04-012025-09-30UnauditedStandalone2512370000086250000025986200000115908000002140500000-2276000001362400000130000000478600000360330000019078000000690820000006908200000168020000083300000176350000005144700000000051447000001242000005268900000181000000256.8556.850056.8556.850.00040.10820.5361Other Expenses1867600000Other 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loss1340000001340000001840000018400000Amount of items that will be reclassified to profit and loss59000005900000Amount of items that will be reclassified to profit and loss115000001150000015000002900000120000000124200000Solar Industries India Limited******Solar Defence and aerospace Limited******Wholly owned subsidiarySale of goods or services3500000000As per the omnibus approval granted by the Audit Committee. No Remarks8349000007250000031000000Solar Industries India Limited******Solar Defence and aerospace Limited******Wholly owned subsidiaryAny other transactionOther operating income50000000As per the omnibus approval granted by the Audit Committee. No Remarks1270000000Solar Industries India Limited******Solar Defence and aerospace Limited******Wholly owned subsidiaryPurchase of goods or services5500000000As per the omnibus approval granted by the Audit Committee. No Remarks2217800000-34500000-66200000Solar Industries India Limited******Solar Defence and aerospace Limited******Wholly owned subsidiaryAny other transactionAvailing of commercial services100000000As per the omnibus approval granted by the Audit Committee. No Remarks120000000Solar Industries India Limited******Solar Defence and aerospace Limited******Wholly owned subsidiaryLoan3000000000As per the omnibus approval granted by the Audit Committee. No Remarks000Loan0.09Repayment not exceeding 360 days from the date of disbursementUnsecuredBusiness purposeSolar Industries India Limited******Solar Defence and aerospace Limited******Wholly owned subsidiaryInterest receivedAs per the omnibus approval granted by the Audit Committee. No Remarks000Solar Industries India Limited******Emul Tek Private Limited******Wholly owned subsidiarySale of goods or services2000000000As per the omnibus approval granted by the Audit Committee. No Remarks38460000098300000448200000Solar Industries India Limited******Emul Tek Private Limited******Wholly owned subsidiaryPurchase of goods or services2000000000As per the omnibus approval granted by the Audit Committee. No Remarks8200000-900000-900000Solar Industries India Limited******Emul Tek Private Limited******Wholly owned subsidiaryAny other transactionLoan Recovered2200000000As per the omnibus approval granted by the Audit Committee. No Remarks65000000016686000001018600000Loan0.08Repayable within 5 years from the date of agreementUnsecuredBusiness purposeSolar Industries India Limited******Emul Tek Private Limited******Wholly owned subsidiaryInterest receivedAs per the omnibus approval granted by the Audit Committee. No Remarks686000002520000020100000Solar Industries India Limited******Solar Explochem Limited******Wholly owned subsidiaryAny other transactionLoan given3000000000As per the omnibus approval granted by the Audit Committee. No Remarks102130000018096000002830900000Loan0.095Repayable within 3 years from the date of agreementUnsecuredBusiness purposeSolar Industries India Limited******Solar Explochem Limited******Wholly owned subsidiaryInterest receivedAs per the omnibus approval granted by the Audit Committee. No Remarks10820000094500000193500000Solar Industries India Limited******Solar Explochem Limited******Wholly owned subsidiaryPurchase of goods or services1000000000As per the omnibus approval granted by the Audit Committee. No Remarks180000000Solar Industries India Limited******Emul Tek Private Limited******Wholly owned subsidiaryAny other transactionOther operatig income Transportation100000000As per the omnibus approval granted by the Audit Committee. No Remarks3540000000Solar Industries India Limited******Solar Explochem Zambia Limited******Overseas Subsidiary Step down SubsidiarySale of goods or services1000000000As per the omnibus approval granted by the Audit Committee. No Remarks47590000053400000445700000Solar Industries India Limited******Solar Nigachem Limited******Overseas Subsidiary Step down SubsidiarySale of goods or services1250000000As per the omnibus approval granted by the Audit Committee. No Remarks355900000341100000362000000Solar Industries India Limited******Solar Nigachem Limited******Overseas Subsidiary Step down SubsidiaryAny other transactionOther operating income Technical consultancy100000000As per the omnibus approval granted by the Audit Committee. No Remarks980000000Solar Industries India Limited******Solar Nigachem Limited******Overseas Subsidiary Step down SubsidiaryAny other transactionArrangement fees5000000As per the omnibus approval granted by the Audit Committee. No Remarks20000000Solar Industries India Limited******Solar Patlayici Maddeler San A S******Overseas Subsidiary Step down SubsidiarySale of goods or services1000000000As per the omnibus approval granted by the Audit Committee. No Remarks251900000696500000718800000Solar Industries India Limited******Solar Patlayici Maddeler San A S******Overseas Subsidiary Step down SubsidiaryAny other transactionArrangement fees10000000As per the omnibus approval granted by the Audit Committee. No Remarks160000000Solar Industries India Limited******Solar Mining Services (Pty) Limited South Africa******Overseas Subsidiary Step down SubsidiarySale of goods or services2000000000As per the omnibus approval granted by the Audit Committee. No Remarks142330000012094000001501500000Solar Industries India Limited******Solar Mining Services (Pty) Limited South Africa******Overseas Subsidiary Step down SubsidiaryAny other transactionArrangement fees10000000As per the omnibus approval granted by the Audit Committee. No Remarks160000000Solar Industries India Limited******Solar Mining Services (Pty) Limited Australia******Overseas Subsidiary Step down SubsidiarySale of goods or services2000000000As per the omnibus approval granted by the Audit Committee. No Remarks477800000995800000759100000Solar Industries India Limited******Solar Mining Services (Pty) Limited Australia******Overseas Subsidiary Step down SubsidiaryAny other transactionArrangement fees10000000As per the omnibus approval granted by the Audit Committee. No Remarks100000000Solar Industries India Limited******Solar Mining Services (Pty) Limited Australia******Overseas Subsidiary Step down SubsidiaryPurchase of goods or services10000000As per the omnibus approval granted by the Audit Committee. No Remarks0-700000-800000Solar Industries India Limited******Solar Nitro Ghana Limited******Overseas Subsidiary Step down SubsidiarySale of goods or services750000000As per the omnibus approval granted by the Audit Committee. No Remarks171400000108900000144200000Solar Industries India Limited******Solar Nitro Ghana Limited******Overseas Subsidiary Step down SubsidiaryAny other transactionArrangement fees5000000As per the omnibus approval granted by the Audit Committee. No Remarks80000000Solar Industries India Limited******Solar Nitro Chemicals Limited Tanzania******Overseas Subsidiary Step down SubsidiarySale of goods or services500000000As per the omnibus approval granted by the Audit Committee. No Remarks190900000151700000147700000Solar Industries India Limited******Solar Overseas Mauritius Limited******Wholly owned subsidiaryAny other transactionArrangement fees50000000As per the omnibus approval granted by the Audit Committee. No Remarks330000001700000Solar Industries India Limited******Solar Overseas Mauritius Limited******Wholly owned subsidiaryAny other transactionLoan Given6000000000As per the omnibus approval granted by the Audit Committee. No Remarks45470000025641000003018800000Loan0.09Repayable within 12 months from the date of agreementUnsecuredBusiness purposeSolar Industries India Limited******Solar Overseas Mauritius Limited******Wholly owned subsidiaryInterest receivedAs per the omnibus approval granted by the Audit Committee. No Remarks119800000119700000158100000Solar Industries India Limited******PT. Solar Mining Services Indonesia******Overseas Subsidiary Step down SubsidiarySale of goods or services500000000As per the omnibus approval granted by the Audit Committee. No Remarks143000002630000014900000Solar Industries India Limited******Solar Synthetics Private Limited******Entities where directors/ Close family members of Direcors having control or Significance influenceAny other transactionother expenditure Rent5000000As per the omnibus approval granted by the Audit Committee. No Remarks200000-1800000-2000000Solar Industries India Limited******Solar Madencilik Hizmetleri A S Turkey******Overseas Subsidiary Step down SubsidiaryAny other transactionInsurance charges to be recovered10000000As per the omnibus approval granted by the Audit Committee. No Remarks200000300000200000Solar Industries India Limited******Non-Executive Independent Directors******Non-Executive Independent DirectorsAny other transactionSitting feesAs per the approval of Board of Directors260000000Solar Industries India Limited******Directors and Key Managerial Personnel******Directors and Key Managerial PersonnelAny other transactionAs per Companies Act, 2013 and Shareholders approvalAs per the Companies Act, 2013 and Shareholders approval135700000-109400000-54900000Solar Industries India Limited******Shri Kailashchandra Nuwal******PromoterAny other transactionRemuneration Travelling expensesSaid amount is payable as a Remuneration / Traveling expenses for/from the month June 2020 and same has been carried forward and payable as September 30, 2024. 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No Remarks00100000Solar Industries India Limited******Emultek Private Limited******Wholly owned subsidiaryAny other transactionCross charges Public product10000000As per the omnibus approval granted by the Audit Committee. No Remarks260000000Solar Industries India Limited******Solar Explochem Zambia Limited******Overseas Subsidiary Step down SubsidiaryAny other transactionCross charges Public product10000000As per the omnibus approval granted by the Audit Committee. No Remarks400000001400000Solar Industries India Limited******Solar Nigachem Limited******Overseas Subsidiary Step down SubsidiaryAny other transactionCross charges Public product20000000As per the omnibus approval granted by the Audit Committee. No Remarks39000000500000Solar Industries India Limited******PT. Solar Mining Services Indonesia******Overseas Subsidiary Step down SubsidiaryAny other transactionCross charges Public product10000000As per the omnibus approval granted by the Audit Committee. No Remarks160000001200000Solar Industries India Limited******Solar Patlayici Maddeler San AS******Overseas Subsidiary Step down SubsidiaryAny other transactionCross charges Public product20000000As per the omnibus approval granted by the Audit Committee. No Remarks660000000Solar Industries India Limited******Solar Mining Services (Pty) Ltd South Africa******Overseas Subsidiary Step down SubsidiaryAny other transactionCross charges Public product20000000As per the omnibus approval granted by the Audit Committee. No Remarks590000000Solar Industries India Limited******Solar Mining Services (Pty) Ltd South Africa******Overseas Subsidiary Step down SubsidiaryAny other transactionCross charges Public product20000000As per the omnibus approval granted by the Audit Committee. No Remarks160000000Solar Industries India Limited******Solar Nitro Ghana Limited******Overseas Subsidiary Step down SubsidiaryAny other transactionCross charges Public product10000000As per the omnibus approval granted by the Audit Committee. No Remarks200000000Solar Industries India Limited******Solar Nitro Chemicals Limited Tanzania******Overseas Subsidiary Step down SubsidiaryAny other transactionCross charges Public product10000000As per the omnibus approval granted by the Audit Committee. No Remarks16000000200000Solar Industries India Limited******Solar Explochem Limited******Wholly owned subsidiarySale of goods or services1000000000As per the omnibus approval granted by the Audit Committee. No Remarks151000001000002200000Solar Industries India Limited******Solar Defence and aerospace Limited******Wholly owned subsidiaryAny other transactionLoan Taken3000000000As per the omnibus approval granted by the Audit Committee. No Remarks0-19000000-19000000Loan0.09Repayment not exceeding 360 days from the date of disbursementUnsecuredBusiness purposeSolar Industries India Limited******Solar Defence and aerospace Limited******Wholly owned subsidiaryAny other transactionInterest on loan3000000000As per the omnibus approval granted by the Audit Committee. No Remarks8000000-400000Solar Industries India Limited******Solar Nitro Zimbabwe Private Limited******Overseas Subsidiary Step down SubsidiarySale of goods or services500000000As per the omnibus approval granted by the Audit Committee. No Remarks93400000096400000Solar Industries India Limited******Solar Nitro Zimbabwe Private Limited******Overseas Subsidiary Step down SubsidiaryAny other transactionCross charges Public product10000000As per the omnibus approval granted by the Audit Committee. No Remarks6000000600000Solar Defence and Arospace Limited******Solar Industries India Limited******Holding CompanySale of goods or services5500000000As per the omnibus approval granted by the Audit Committee. No Remarks22178000003900000066200000Solar Defence and Arospace Limited******Solar Industries India Limited******Holding CompanyAny other transactionCross charges Public Product20000000As per the omnibus approval granted by the Audit Committee. No Remarks1750000000Solar Defence and Arospace Limited******Solar Industries India Limited******Holding CompanyAny other transactionOther operating income100000000As per the omnibus approval granted by the Audit Committee. No Remarks120000000Solar Defence and Arospace Limited******Solar Industries India Limited******Holding CompanyPurchase of goods or services3500000000As per the omnibus approval granted by the Audit Committee. No Remarks834900000-72500000-33700000Solar Defence and Arospace Limited******Solar Industries India Limited******Holding CompanyAny other transactionAvailing of commercial services100000000As per the omnibus approval granted by the Audit Committee. No Remarks1270000000Solar Defence and Arospace Limited******Solar Industries India Limited******Holding CompanyLoan3000000000As per the omnibus approval granted by the Audit Committee. No Remarks01900000019000000Loan0.09Repayment not exceeding 360 days from the date of DisbursementUnsecuredBusiness purposeSolar Defence and Arospace Limited******Solar Industries India Limited******Holding CompanyInterest receivedAs per the omnibus approval granted by the Audit Committee. No Remarks680000000Solar Defence and Arospace Limited******Emul Tek Private Limited******Associate CompanySale of goods or services1000000000As per the omnibus approval granted by the Audit Committee. No Remarks1000000100000Solar Defence and Arospace Limited******Emul Tek Private Limited******Associate CompanyPurchase of goods or services1000000000As per the omnibus approval granted by the Audit Committee. No Remarks000Solar Defence and Arospace Limited******Emul Tek Private Limited******Associate CompanyAny other transactionLoan Given2000000000As per the omnibus approval granted by the Audit Committee. No Remarks000Loan0.08Repayment within 5 years from the date of agreementUnsecuredBusiness purposeSolar Defence and Arospace Limited******Emul Tek Private Limited******Associate CompanyInterest receivedAs per the omnibus approval granted by the Audit Committee. No Remarks370000000Solar Defence and Arospace Limited******ZmotionAutonomous System Pvt Ltd******Associate CompanyAdvance5000000000As per the omnibus approval granted by the Audit Committee. No Remarks1170000035800000634000000Solar Defence and Arospace Limited******ZmotionAutonomous System Pvt Ltd******Associate CompanyAny other transactionAvailing Commercial Services50000000As per the omnibus approval granted by the Audit Committee. No Remarks4100000000Solar Defence and Arospace Limited******Solar Mining Services (Pty) Ltd South Africa******Overseas Subsidiary Step down SubsidiaryPurchase of goods or services750000000As per the omnibus approval granted by the Audit Committee. No Remarks0-200000-200000Solar Defence and Arospace Limited******Solar Nigachem Limited******Overseas Subsidiary Step down SubsidiarySale of goods or services750000000As per the omnibus approval granted by the Audit Committee. No Remarks03860000011300000Emul Tek private Limited******Solar Industries India Limited******Associate CompanyPurchase of goods or services2000000000As per the omnibus approval granted by the Audit Committee. No Remarks384600000-98300000-448200000Emul Tek private Limited******Solar Industries India Limited******Associate CompanySale of goods or services2000000000As per the omnibus approval granted by the Audit Committee. No Remarks8200000900000900000Emul Tek private Limited******Solar Industries India Limited******Associate CompanyLoan2200000000As per the omnibus approval granted by the Audit Committee. No Remarks650000000-1668600000-1018600000Emul Tek private Limited******Solar Industries India Limited******Associate CompanyInterest paidAs per the omnibus approval granted by the Audit Committee. No Remarks68600000-25200000-20100000Emul Tek private Limited******Solar Industries India Limited******Associate CompanyAny other transactionOther operating Expenses Transportation50000000As per the omnibus approval granted by the Audit Committee. No Remarks3540000000Emul Tek private Limited******Solar Industries India Limited******Associate CompanyLoan1000000000As per the omnibus approval granted by the Audit Committee. No Remarks2125000000-212500000Emul Tek private Limited******Solar Industries India Limited******Associate CompanyInterest paidAs per the omnibus approval granted by the Audit Committee. No Remarks00-100000Emul Tek private Limited******Solar Industries India Limited******Associate CompanyAny other transactionCross Charges Public product10000000As per the omnibus approval granted by the Audit Committee. No Remarks260000000Emul Tek private Limited******Solar Defence and Aerospace Limited******Associate CompanySale of goods or services1000000000As per the omnibus approval granted by the Audit Committee. No Remarks000Emul Tek private Limited******Solar Defence and Aerospace Limited******Associate CompanyPurchase of goods or services1000000000As per the omnibus approval granted by the Audit Committee. No Remarks1000000-100000Emul Tek private Limited******Solar Defence and Aerospace Limited******Associate CompanyInterest paidAs per the omnibus approval granted by the Audit Committee. No Remarks370000000Emul Tek private Limited******Solar Nitrochemical Limited******Overseas Subsidiary Step down SubsidiarySale of goods or services100000000As per the omnibus approval granted by the Audit Committee. No Remarks88300000074600000Emul Tek private Limited******Solar Nitrozimbabwe Limited******Overseas Subsidiary Step down SubsidiarySale of goods or services250000000As per the omnibus approval granted by the Audit Committee. No Remarks19700000020400000Emul Tek private Limited******Solar NigachemLimited******Overseas Subsidiary Step down SubsidiarySale of goods or services200000000As per the omnibus approval granted by the Audit Committee. No Remarks1326000007990000063600000Emul Tek private Limited******Solar Explochem Zambia Liamited******Overseas Subsidiary Step down SubsidiarySale of goods or services250000000As per the omnibus approval granted by the Audit Committee. No Remarks728000001410000075600000Solar Explochem Limited******Solar Industries India Limited******Associate CompanyLoan3000000000As per the omnibus approval granted by the Audit Committee. No Remarks1021300000-1809600000-2830900000Solar Explochem Limited******Solar Industries India Limited******Associate CompanyInterest paidAs per the omnibus approval granted by the Audit Committee. No Remarks108200000-94500000-193500000Solar Explochem Limited******Solar Industries India Limited******Associate CompanyPurchase of goods or services500000000As per the omnibus approval granted by the Audit Committee. No Remarks15100000-100000-2200000Solar Explochem Limited******Solar Industries India Limited******Associate CompanySale of goods or services50000000As per the omnibus approval granted by the Audit Committee. No Remarks180000000Solar Explochem Limited******Solar Defence and Arospace Limited******Associate CompanySale of goods or services10000000As per the omnibus approval granted by the Audit Committee. No Remarks5000000500000Solar Industries India Limited******Solar Defence and aerospace Limited******Wholly owned subsidiaryLoan3000000000As per the omnibus approval granted by the Audit Committee. No Remarks262870000000Loan0.09Repaymnt not exceeding 360 days from the date of disbursementUnsecuredBusiness PurposeSolar Industries India Limited******Solar Defence and aerospace Limited******Wholly owned subsidiaryLoan3000000000As per the omnibus approval granted by the Audit Committee. No Remarks262870000000Loan0.09Repaymnt not exceeding 360 days from the date of disbursementUnsecuredBusiness PurposeSolar Defence and aerospace Limited******Solar Industries India Limited******Holding CompanyLoan3000000000As per the omnibus approval granted by the Audit Committee. No Remarks262870000000Loan0.09Repaymnt not exceeding 360 days from the date of disbursementUnsecuredBusiness PurposeLoan repaid which was given by Solar Defence and Arospace Limited.Solar Defence and aerospace Limited******Solar Industries India Limited******Holding CompanyLoan3000000000As per the omnibus approval granted by the Audit Committee. No Remarks262870000000Loan0.09Repaymnt not exceeding 360 days from the date of disbursementUnsecuredBusiness PurposeLoan repaid which was given by Solar Defence and Arospace Limited.Solar Defence and aerospace Limited******Emul Tek private Limited******Associate CompanyLoan3000000000As per the omnibus approval granted by the Audit Committee. No Remarks48830000000Loan0.085Long Term LoanUnsecuredBusiness PurposeSolar Defence and aerospace Limited******Emul Tek private Limited******Associate CompanyLoan3000000000As per the omnibus approval granted by the Audit Committee. No Remarks48830000000Loan0.085Long Term LoanUnsecuredBusiness PurposeEmul Tek private Limited******Solar Defence and aerospace Limited******Associate CompanyLoan3000000000As per the omnibus approval granted by the Audit Committee. No Remarks48830000000Loan0.085Long Term LoanUnsecuredBusiness PurposeLoan repaid which was given by Solar Defence and Arospace Limited.Emul Tek private Limited******Solar Defence and aerospace Limited******Associate CompanyLoan3000000000As per the omnibus approval granted by the Audit Committee. No Remarks48830000000Loan0.085Long Term LoanUnsecuredBusiness PurposeLoan repaid which was given by Solar Defence and Arospace Limited.28248700000