Surya Roshni said that it has obtained orders amounting to Rs 53.06 crore from GAIL (India).
The order is for the supply of API- 5L Grade X 70 3LPE coated pipes. The order is to be executed within 8 months.
Surya Roshni is engaged in the 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 galvanized iron (GI) pipes in India and is the largest exporter of electrical resistance welding (ERW) pipes.
The company's consolidated net profit declined 27.20% to Rs 40.49 crore on a 28.65% rise in sales to Rs 2,030.30 crore in Q3 FY22 over Q3 FY21.
The scrip shed 1.62% to currently trade at Rs 404.95 on the BSE.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app