{"url":"https://newsforagent.com/news/2026-10-26/surana-solar-q2fy27-profit-revenue","markdown_url":"https://newsforagent.com/news/2026-10-26/surana-solar-q2fy27-profit-revenue.md","title":"Surana Solar Net Profit Up 38.6% to ₹75.25 Lakh in Q2FY27","headline":"Surana Solar Q2FY27 Net Profit Rises 38.6% to ₹75.25 Lakh as Revenue Jumps 296.9%","description":"Surana Solar posted ₹75.25 lakh net profit for Q2FY27, up 38.6%, as revenue from operations rose 296.9% to ₹1,022.67 lakh and the firm moved to a single Solar Products segment.","section":"Earnings & Results","published_at":"2026-10-26T08:33:39+00:00","modified_at":"2026-10-26T08:33:39+00:00","author":"News Desk","key_takeaways":["Surana Solar's Q2FY27 net profit rose 38.6% year on year to ₹75.25 lakh, with revenue from operations up 296.9% to ₹1,022.67 lakh.","The company now reports a single segment, Solar Products, after disposing of Renewable Energy Generation.","Half-year net profit reached ₹619.32 lakh, up from ₹82.27 lakh in H1FY26, while profit on the sale of fixed assets contributed ₹580.54 lakh to profit before tax."],"companies":[{"name":"Surana Solar","is_primary":true,"profile_url":"https://akta.pro/company-profiles/0026aw1/surana-solar","website":"http://suranasolar.com"}],"source":{"publisher":"ScanX","title":"Surana Solar Q2FY27 Results: Net profit up 38.6% YoY to ₹75 lakh","url":"https://scanx.trade/stock-market-news/companies/surana-solar-q2fy27-results-net-profit-up-38-6-yoy-75-lakh/54547565"},"other_sources":[],"tags":["Earnings & Results","Surana Solar"],"body_markdown":"[Surana Solar](https://akta.pro/company-profiles/0026aw1/surana-solar) reported a 38.6% year-on-year rise in net profit to ₹75.25 lakh for the second quarter of fiscal year 2027, with revenue from operations up 296.9% to ₹1,022.67 lakh. The Hyderabad-based solar module manufacturer's board approved the unaudited results for the quarter and half-year ended September 30, 2026, on October 26, 2026, [ScanX](https://scanx.trade/stock-market-news/companies/surana-solar-q2fy27-results-net-profit-up-38-6-yoy-75-lakh/54547565) said.\n\n## Surana Solar's Q2 Profit and Revenue Jump\n\nRevenue from operations climbed to ₹1,022.67 lakh from ₹257.66 lakh a year earlier. Profit before tax expanded to ₹103.21 lakh from ₹73.12 lakh, while other income fell 85.3% to ₹54.08 lakh from ₹367.44 lakh. Total income rose 72.2% to ₹1,076.75 lakh.\n\nFor the half-year, net profit reached ₹619.32 lakh against ₹82.27 lakh in H1FY26, and revenue stood at ₹2,737.73 lakh against ₹466.31 lakh. Surana Solar said segment results are no longer applicable because it now operates under a single reporting segment, Solar Products, after the Renewable Energy Generation segment was disposed of. Non-current assets rose to ₹4,994.92 lakh as of September 30, 2026, from ₹3,622.68 lakh as of March 31, 2026, largely on financial assets, with loans at ₹2,568.01 lakh.\n\nOperating cash flow was positive at ₹886.26 lakh for the half-year, helped by non-operating items. Profit on the sale of fixed assets contributed ₹580.54 lakh to profit before tax, and core operating profit before working capital changes was ₹191.04 lakh. Trade receivables increased to ₹189.86 lakh from ₹55.37 lakh.\n\n## Surana Solar's Manufacturing and Divestment Record\n\nSurana Solar Limited is an Indian solar PV module manufacturer and EPC contractor headquartered in Hyderabad, serving state-owned power utilities, project developers and commercial customers with N-Type TOPCon and bifacial modules, battery energy storage systems and turnkey solar power plant construction, according to [akta.pro company records](https://akta.pro/company-data). The same records show the company began 500 MW N-Type TOPCon module manufacturing at Fabcity, Hyderabad, against a 12 MW plant at Cherlapally, and that its board approved the divestment of a 49% equity stake in subsidiary Surana Technologies to Baidyanath Power Private Limited for Rs 2.03 crore in May 2025.\n\n## Surana Solar's Earlier Filings This Year\n\nIn August 2026, Surana Solar's board approved a proposal to alter its Memorandum of Association to enter artificial intelligence data centre, high-performance computing and GPU infrastructure business, subject to shareholder approval by special resolution, ScanX said. In July 2026, the company reported standalone net profit of ₹5.44 crore for the quarter ended June 2026, up 1,841% from ₹0.28 crore, ScanX said. Business Standard put the same quarter's standalone net profit rise at 1,842.86%.\n\n## Surana Solar's Next Steps\n\nThe Memorandum of Association change for the artificial intelligence data centre business requires approval by shareholders via special resolution, ScanX said.\n","publisher":{"name":"News for Agent","url":"https://newsforagent.com"}}