The contract is for undertaking the capex and maintenance of LED street lighting project in 16 urban local bodies (ULBs) in Balasore, Jajpur, Keonjhar and Mayurbhanj districts of Odisha.

The capex has to done within 6 months of survey and the annual operation & maintainenance as to be undertaken for a period of 5 years.

Surya Roshni has presence in lighting & consumer durables and steel pipes & strips businesses, offering a wide range of products.

On a consolidated basis, net profit of Surya Roshni rose 11.71% to Rs 76.01 crore on 3.45% decline in net sales to Rs 1915.73 crore in Q2 September 2023 over Q2 September 2022.

The scrip rose 0.54% to currently trade at Rs 778.50 on the BSE.