The second order is from Vishnu Prakash R Punglia for the supply of MS bare pipe. The order is worth Rs 57.77 crore and time period for execution of the order is 3 months.
Surya Roshni is engaged in manufacturing of lighting & consumer durables business like fans and home appliances. It also has a stronghold in the steel pipes & strips business. The company is the largest manufacturer of GI pipes in India and is the largest exporter of ERW pipes.
On a consolidated basis, net profit of Surya Roshni rose 5.7% to Rs 44.32 crore on 41.6% rise in net sales to Rs 1,945.66 crore in Q2 FY22 over Q2 FY21.