Hot Pursuit     18-May-23
Surya Roshni rises after securing orders from IGL, IOCL, MNGL
Surya Roshni advanced 1.09% to Rs 813 after the company announced that it has bagged orders for supply of different kinds of pipes from Indraprastha Gas, Indian Oil Corporation and Maharashtra Natural Gas.

The company has obtained order of Rs 43.69 crore for supply 3LPE coated carbon steel pipes from Indraprastha Gas (IGL) for city gas distribution (CGD) projects in NCT of Delhi. Uttar Pradesh, Haryana and Rajasthan.

The aforementioned order along with other new orders received in May 2023 from Indian Oil Corporation (IOCL) and Maharashtra Natural Gas (MNGL), total orders amounted to Rs 62.23 crore.

Surya Roshni is the largest GI steel pipe manufacturer and the second largest in lighting products and manufacturing conglomerate with business interest spanning steel pipes, cold rolled sheets and 3LPE coated API pipes, LED and conventional lighting products, fans, electric appliances, PVC pipes etc.

The company's consolidated net profit surged 87.88% to Rs 155.58 crore despite a 6.52% fall in sales to Rs 2,151.33 crore in Q4 FY23 over Q4 FY22.

Previous News
  Surya Roshni announces cessation of directors
 ( Corporate News - 05-Sep-24   13:58 )
  Surya Roshni appoints director
 ( Corporate News - 04-Sep-24   18:05 )
  Surya Roshni to conduct AGM
 ( Corporate News - 13-Aug-24   14:26 )
  Surya Roshni fixes record date for final dividend
 ( Market Beat - Reports 09-Aug-24   19:17 )
  Surya Roshni consolidated net profit rises 56.35% in the June 2024 quarter
 ( Results - Announcements 09-Aug-24   15:19 )
  Surya Roshni to convene board meeting
 ( Corporate News - 02-Aug-24   18:57 )
  Surya Roshni wins order of Rs 53 cr from Govt. of Odisha
 ( Corporate News - 29-Jun-24   11:05 )
  Surya Roshni consolidated net profit declines 33.20% in the March 2024 quarter
 ( Results - Announcements 14-May-24   15:59 )
  Board of Surya Roshni recommends Final Dividend
 ( Corporate News - 14-May-24   15:48 )
  Surya Roshni schedules board meeting
 ( Corporate News - 06-May-24   17:37 )
  Surya Roshni wins order of Rs 52.13 cr
 ( Corporate News - 16-Feb-24   13:31 )
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