Solar's revenue under IFRS increased by 40% in the first half of the year

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AK&M 08 March 2026 15:47

Solar's revenue under IFRS for the first half of 2025 increased by 40% year-on-year to 8.49 billion rubles from 6.07 billion rubles a year earlier. The OIBDA index fell by 20% to 974 million rubles from 1.21 billion rubles. This was announced by the company.

Solar's revenue under IFRS for the second quarter of 2025 increased by 44% year-on-year to 5.4 billion rubles from 3.77 billion rubles a year earlier. The OIBDA index increased by 85% to 1.35 billion rubles from 727 million rubles.

The Solar Group of Companies is a subsidiary of Rostelecom operating in the field of information security.

PJSC Rostelecom (TIN 7707049388) is a national long—distance communications operator that provides the transmission of the majority of long-distance and international traffic, as well as the operation of a terrestrial network of television and radio channels. Rostelecom's main shareholder is the state.

Rostelecom's net profit under IFRS for the first half of 2025 fell by 51% to RUB 12.8 billion from RUB 26.1 billion a year earlier. Revenue increased by 11% to 393.6 billion rubles from 353.07 billion rubles, OIBDA increased by 5% to 154.3 billion rubles from 147 billion rubles.

Rostelecom's net profit under IFRS for the second quarter of 2025 fell by 55% to 6.5 billion rubles from 13.57 billion rubles a year earlier. Revenue increased by 13% to 203.46 billion rubles from 179.3 billion rubles, OIBDA increased by 11% to 80.58 billion rubles. 72.76 billion rubles.

On October 30, 2024, the AK&M rating agency confirmed the highest rating of non-financial reporting to Rostelecom Group.