Question 1

What was Surana Solar's net profit in Q2 FY27?

Accepted Answer

Consolidated net profit was ₹75 lakh, up 38.6% from ₹54 lakh in Q2 FY26 and down 86.2% from ₹5.4 crore in Q1 FY27.

Question 2

What was Surana Solar's revenue in Q2 FY27?

Accepted Answer

Revenue from operations was ₹10.2 crore, up 296.9% year on year and down 40.4% from the previous quarter.

Question 3

How were Surana Solar's Q2 FY27 results?

Accepted Answer

Both grew from a year earlier: net profit was up 38.6% at ₹75 lakh and revenue was up 296.9% at ₹10.2 crore. Against Q1 FY27, net profit was down 86.2% and revenue down 40.4%.

Question 4

What was Surana Solar's operating margin in Q2 FY27?

Accepted Answer

Operating profit (EBIT — revenue less operating expenses, before finance costs and other income) was ₹49 lakh, a margin of 4.8%, against 0.1% in Q1 FY27. EBITDA was ₹1 crore, 10.1% of revenue.

Question 5

What was Surana Solar's net profit in the first half of FY27?

Accepted Answer

Consolidated net profit for the first half of FY27 (April–September 2026) was ₹6.2 crore, up 652.8% from ₹82 lakh in the same months a year earlier. Revenue from operations was ₹27.4 crore, up 487.1%.

Question 6

What was Surana Solar's revenue in FY26?

Accepted Answer

Revenue from operations was ₹20.8 crore in FY26 (April 2025–March 2026), down 46.3% from ₹38.8 crore in FY25. It was ₹17.7 crore in FY24 and ₹42.2 crore in FY23: down 50.6% over three years, an average fall of 21.0% a year.

Question 7

What was Surana Solar's EPS in Q2 FY27?

Accepted Answer

Basic earnings per share were ₹0.15, against ₹0.11 in Q2 FY26.

Question 8

What is Surana Solar's net profit margin?

Accepted Answer

Surana Solar's net profit margin was 7.4% in Q2 FY27 (net profit as a share of revenue from operations), against 21.1% in Q2 FY26 (down 13.7 percentage points). For FY26 as a whole it was 6.0%.

Question 9

What was Surana Solar's net profit in FY26?

Accepted Answer

Consolidated net profit was ₹1.2 crore in FY26 (April 2025–March 2026). It was a loss of ₹1.3 crore in FY24 and a profit of ₹2.3 crore in FY23: down 45.7% over three years, an average fall of 18.4% a year.

Question 10

How has Surana Solar's profit changed over the last four quarters?

Accepted Answer

Net profit by quarter: ₹22 lakh in Q3 FY26, ₹20 lakh in Q4 FY26, ₹5.4 crore in Q1 FY27 and ₹75 lakh in Q2 FY27. That is ₹6.6 crore over the four quarters. Revenue from operations: ₹2.6 crore, ₹13.6 crore, ₹17.2 crore and ₹10.2 crore.

Question 11

When did Surana Solar announce its Q2 FY27 results?

Accepted Answer

On Monday, 26 October 2026 at 1:20 pm IST, in its results filing to the stock exchanges. A year earlier it reported Q2 FY26 on 29 October 2025.

Question 12

When will Surana Solar announce its Q3 FY27 results?

Accepted Answer

Q3 FY27 covers October–December 2026. Listed companies must publish quarterly results within 45 days of the quarter's end (SEBI listing rules, Regulation 33), so the results are due by 14 February 2027. The company tells the exchanges the date of the board meeting at least two working days before it.

Question 13

Where do these Surana Solar figures come from?

Accepted Answer

From Surana Solar's own consolidated results filings to NSE, in ₹ crore as filed (Q2 FY27 on 26 October 2026). Growth compares the same consolidated figures a year and a quarter earlier.

Expenses
	10.2	17.2	13.6	2.6	2.6	2.1	2.5	10.6	14.3	11.4	3.9	4.4	Earlier quartersEvery year the company has filed comes with Alpha Plus.
	0.5	6.4	0.7	0.2	3.7	2.4	0.4	0.2	0.3	0.3	0.1	0.3
	10.8	23.5	14.3	2.7	6.3	4.5	2.9	10.8	14.5	11.7	4.0	4.7
	7.9	13.9	13.4	1.8	3.8	2.6	2.3	8.7	12.8	10.2	2.3	3.1
	0.3	0.8	−1.2	−1.4	−0.4	0.0	−0.0	0.8	0.0	−0.1	0.6	−0.0
	0.4	0.5	0.5	0.4	0.7	0.2	0.2	0.2	0.2	0.2	0.3	0.2
	0.0	0.0	0.1	0.1	0.1	0.0	0.0	0.0	0.1	0.0	0.0	0.0
	0.5	0.6	0.6	0.6	0.5	0.3	0.4	0.3	0.5	0.4	0.3	0.4
	0.6	1.4	0.9	0.9	0.9	0.8	1.0	0.6	0.5	0.5	0.5	0.6
	9.7	17.1	14.1	2.4	5.5	4.1	3.9	10.6	14.1	11.4	3.9	4.4
	1.0	0.6	0.1	0.8	−2.3	−1.6	−1.0	0.3	0.8	0.5	0.3	0.5
	0.5	0.0	−0.5	0.2	−2.9	−2.0	−1.4	0.1	0.3	0.0	0.0	0.1
Profit
	1.0	6.4	0.2	0.3	0.7	0.4	−1.0	0.2	0.5	0.3	0.1	0.3
	1.0	6.4	0.2	0.3	0.7	0.4	−1.0	0.2	0.5	0.3	0.1	0.3
	0.3	0.9	0.3	−0.2	0.1	0.1	−0.2	0.1	0.2	0.1	0.2	0.3
	−0.0	−0.0	−0.3	0.3	0.1	−0.0	−0.1	−0.1	−0.1	−0.0	0.0	−0.0
	0.3	0.9	−0.0	0.1	0.2	0.1	−0.3	0.1	0.2	0.0	0.3	0.2
	0.8	5.4	0.2	0.2	0.5	0.3	−0.7	0.2	0.3	0.3	−0.2	0.1
	0.8	5.4	0.2	0.2	0.5	0.3	−0.7	0.2	0.3	0.3	−0.2	0.1
	0.8	5.4	0.2	0.2	0.5	0.3	−0.7	0.2	0.3	0.3	−0.2	0.1
Per share
	₹0.15	₹1.11	₹0.04	₹0.04	₹0.11	₹0.06	−₹0.14	₹0.03	₹0.07	₹0.06	−₹0.03	₹0.02
	₹0.15	₹1.11	₹0.04	₹0.04	₹0.11	₹0.06	−₹0.14	₹0.03	₹0.07	₹0.06	−₹0.03	₹0.02
Other comprehensive income — detail
	—	—	—	—	—	—	—	0.2	0.0	0.0	0.0	0.0
Per share — as-filed variants
	₹0.15	₹1.11	₹0.04	₹0.04	₹0.11	₹0.06	−₹0.14	₹0.03	₹0.07	₹0.06	−₹0.03	₹0.02
	₹0.15	₹1.11	₹0.04	₹0.04	₹0.11	₹0.06	−₹0.14	₹0.03	₹0.07	₹0.06	−₹0.03	₹0.02
Regulatory disclosures — filed alongside, not part of the P&L
	21.6	—	8.9	—	9.0	—	37.3	—	—	—	—	—
Derived — gross profit (revenue − materials − purchases − Δ inventories)
	2.0	2.5	1.4	2.1	−0.8	−0.6	0.2	1.2	1.4	1.2	1.1	1.3
	19.7%	14.6%	10.5%	82.3%	−30.2%	−27.5%	8.5%	10.9%	10.1%	10.9%	27.7%	29.2%
Adjusted (ex-exceptional items) — derived
	1.0	6.4	0.2	0.3	0.7	0.4	−1.0	0.2	0.5	0.3	0.1	0.3
	0.8	5.4	0.2	0.2	0.5	0.3	−0.7	0.2	0.3	0.3	−0.2	0.1
	₹0.15	₹1.11	₹0.04	₹0.04	₹0.11	₹0.06	−₹0.14	₹0.03	₹0.07	₹0.06	−₹0.03	₹0.02

In ₹ Crore except Per Share 3 Months Ending	Q3 FY24 31/12/2023	Q4 FY24 31/03/2024	Q1 FY25 30/06/2024	Q2 FY25 30/09/2024	Q3 FY25 31/12/2024	Q4 FY25 31/03/2025	Q1 FY26 30/06/2025	Q2 FY26 30/09/2025	Q3 FY26 31/12/2025	Q4 FY26 31/03/2026	Q1 FY27 30/06/2026	Q2 FY27 30/09/2026
Revenue from Operations	4.4	3.9	11.4	14.3	10.6	2.5	2.1	2.6	2.6	13.6	17.2	10.2
Other Income	0.3	0.1	0.3	0.3	0.2	0.4	2.4	3.7	0.2	0.7	6.4	0.5
Total Income	4.7	4.0	11.7	14.5	10.8	2.9	4.5	6.3	2.7	14.3	23.5	10.8
Expenses
+ Cost of Materials Consumed	3.1	2.3	10.2	12.8	8.7	2.3	2.6	3.8	1.8	13.4	13.9	7.9
+ Changes in Inventories	-0.0	0.6	-0.1	0.0	0.8	-0.0	0.0	-0.4	-1.4	-1.2	0.8	0.3
+ Employee Benefit Expense	0.2	0.3	0.2	0.2	0.2	0.2	0.2	0.7	0.4	0.5	0.5	0.4
+ Finance Costs	0.0	0.0	0.0	0.1	0.0	0.0	0.0	0.1	0.1	0.1	0.0	0.0
+ Depreciation & Amortisation	0.4	0.3	0.4	0.5	0.3	0.4	0.3	0.5	0.6	0.6	0.6	0.5
+ Other Expenses	0.6	0.5	0.5	0.5	0.6	1.0	0.8	0.9	0.9	0.9	1.4	0.6
Total Expenses	4.4	3.9	11.4	14.1	10.6	3.9	4.1	5.5	2.4	14.1	17.1	9.7
EBITDA	0.5	0.3	0.5	0.8	0.3	-1.0	-1.6	-2.3	0.8	0.1	0.6	1.0
EBIT	0.1	0.0	0.0	0.3	0.1	-1.4	-2.0	-2.9	0.2	-0.5	0.0	0.5
Profit
PBT before Exceptional Items	0.3	0.1	0.3	0.5	0.2	-1.0	0.4	0.7	0.3	0.2	6.4	1.0
Pretax Income	0.3	0.1	0.3	0.5	0.2	-1.0	0.4	0.7	0.3	0.2	6.4	1.0
+ Current Tax	0.3	0.2	0.1	0.2	0.1	-0.2	0.1	0.1	-0.2	0.3	0.9	0.3
+ Deferred Tax	-0.0	0.0	-0.0	-0.1	-0.1	-0.1	-0.0	0.1	0.3	-0.3	-0.0	-0.0
Tax Expense	0.2	0.3	0.0	0.2	0.1	-0.3	0.1	0.2	0.1	-0.0	0.9	0.3
Net Income	0.1	-0.2	0.3	0.3	0.2	-0.7	0.3	0.5	0.2	0.2	5.4	0.8
+ Net Income — Continuing Ops	0.1	-0.2	0.3	0.3	0.2	-0.7	0.3	0.5	0.2	0.2	5.4	0.8
Total Comprehensive Income	0.1	-0.2	0.3	0.3	0.2	-0.7	0.3	0.5	0.2	0.2	5.4	0.8
Per Share
Basic EPS	0.02	-0.03	0.06	0.07	0.03	-0.14	0.06	0.11	0.04	0.04	1.11	0.15
Diluted EPS	0.02	-0.03	0.06	0.07	0.03	-0.14	0.06	0.11	0.04	0.04	1.11	0.15
Other Comprehensive Income — detail
Comprehensive Income — Owners of Parent	0.0	0.0	0.0	0.0	0.2	—	—	—	—	—	—	—
Per Share — as-filed variants
Basic EPS — Continuing Operations	0.02	-0.03	0.06	0.07	0.03	-0.14	0.06	0.11	0.04	0.04	1.11	0.15
Diluted EPS — Continuing Operations	0.02	-0.03	0.06	0.07	0.03	-0.14	0.06	0.11	0.04	0.04	1.11	0.15
Regulatory Disclosures — filed alongside, not part of the P&L
Related-party Transactions — During the Period	—	—	—	—	—	37.3	—	9.0	—	8.9	—	21.6
Derived — Gross Profit (Revenue − Materials − Purchases − Δ Inventories)
Gross Profit	1.3	1.1	1.2	1.4	1.2	0.2	-0.6	-0.8	2.1	1.4	2.5	2.0
Gross Margin %	29.18	27.72	10.92	10.11	10.88	8.53	-27.51	-30.19	82.32	10.48	14.59	19.67
Adjusted (ex-Exceptional Items) — derived
Pretax Income (Adjusted, as filed)	0.3	0.1	0.3	0.5	0.2	-1.0	0.4	0.7	0.3	0.2	6.4	1.0
Net Income Adj (tax-effected)	0.1	-0.2	0.3	0.3	0.2	-0.7	0.3	0.5	0.2	0.2	5.4	0.8
EPS Adj	0.02	-0.03	0.06	0.07	0.03	-0.14	0.06	0.11	0.04	0.04	1.11	0.15
Other Filed Concepts — mapped but not yet placed in the schedule
Face Value	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00
Paid Up Equity Capital	24.6	24.6	24.6	24.6	24.6	24.6	24.6	24.6	24.6	24.6	24.6	24.6

Surana Solar quarterly results

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Surana Solar Limited

Surana Solar Q2 FY27 results (July–September 2026)

Q2 FY27 at a glance · consolidated

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