Surya Roshni Limited — Updates, 06-02-2025: Press Release

Surya Roshni Limited reported a sequential revenue growth of 22% and a remarkable PAT growth of 163% for Q3FY25. The company experienced an 8% YoY increase in Steel Pipes volume, while the Lighting & Consumer Durables segment showed a solid 12% YoY growth. Although overall revenue declined by 4% due to an 18% drop in average HRC prices, Q3 revenue reached ₹1,868 crore, reflecting resilience supported by operational improvements and strategic sales mix adjustments.

The Lighting segment thrived, particularly driven by demand for professional lighting and successful product launches ahead of festive seasons, achieving ₹451 crore in revenue for the quarter. The company’s ongoing investment of ₹25 crore in expanding its Gwalior facility to produce House Wiring Cables is expected to enhance its product offerings. With a cash surplus of ₹222 crore and a healthy order book of ₹550 crore in the Steel Pipes sector, Surya Roshni is well-positioned for future growth. Investors should monitor progress in profitability and market expansions closely.