Surya Roshni Q3 profit marginally down at Rs 89.9 crore

Steel GI pipes and lighting products shaper Surya Roshni Ltd connected Thursday reported a marginal diminution successful its consolidated nett net to Rs 89.9 crore successful the December quarter.

The institution reported a nett net of Rs 90.1 crore for the October-December 4th a twelvemonth ago, according to a regulatory filing from Surya Roshni.

Its gross from operations successful the December 4th slipped 3.6 per cent to Rs 1,867.96 crore. It stood astatine Rs 1,937.80 crore successful the corresponding 4th a twelvemonth ago.

"Revenue somewhat declined by 4 per cent owed to a diminution successful mean HRC (Hot-rolled coils) terms by 18 per cent connected YoY (Year-on-Year) basis," the institution said successful its net statement.

The company's gross from the 'Steel Pipe & Strips' conception declined 7.7 per cent to Rs 1,417.14 crore successful the October-December quarter. The aforesaid was Rs 1,535.70 crore successful the corresponding quarter.

"Steel Pipes concern exhibited beardown sequential recovery, driven by higher volumes and improved organization sales."

"Sequentially, EBITDA per tonne expanded importantly reflecting operational efficiencies, improved income mix, and unchangeable earthy worldly costs," it said.

However, its gross from Lighting & Consumer Durables successful the December 4th of FY25 grew 12 per cent to Rs 451.5 crore.

The conception "performed exceptionally good with beardown show crossed nonrecreational lighting, decorative fans, and location appliances," it said.

Total expenses during the December 4th were 3.7 per cent little astatine Rs 1,753.17 crore.

Its full income, which includes different income, stood astatine Rs 1,873.88 crore, down 3.48 per cent. The company's shares settled 1.45 per cent down astatine Rs 254.60 apiece connected the BSE.