Categories AlphaGraphs, Earnings, Retail

Surya Roshni Ltd Q1FY24; 168% rise in Profits

Surya Roshni Limited incorporated in 1973 has emerged as India’s largest ERW Pipes exporter, largest GI Pipes producer, and the second largest in the lighting segment. Its focus is on developing the value-added product mix (3LPE Coated pipes, Alkyd pipes, etc.)

Financial Results:

Surya Roshni Ltd reported Revenues for Q1FY24 of ₹1,875.00 Crores up from ₹1,839.00 Crore year on year, a rise of 1.96%.

Total Expenses for Q1FY24 of ₹1,796.00 Crores down from ₹1,811.00 Crores year on year, a fall of 0.83%.

Consolidated Net Profit of ₹59.00 Crores up 168.18% from ₹22.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹10.86, up 167.49% from ₹4.06 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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