Mutual Funds Sahi Hai!
To avail the service, you will be redirected to loans.geojitcredits.com
As per the terms of the contract, the company will supply coated pipes with the specifications HFW 355.60 X 8.7 and 10.3 WT, GR X-70 PSL-2.
HFW (high-frequency welded) steel pipes are a type of electric resistance welded (ERW) pipe. HFW pipes are created using high-frequency current, which enhances the welding process and the overall quality of the weld seam.
Surya Roshni is a diversified Indian company with a strong presence in the steel pipes & strips and lighting & consumer durables businesses. The company has grown to become the largest manufacturer of GI pipes in India and a major exporter of ERW pipes. In addition to steel products, Surya Roshni offers a wide range of lighting solutions, including conventional and LED lighting, as well as consumer durables like fans and home appliances.
The company's consolidated net profit declined 0.22% to Rs 89.90 crore on a 3.60% rise in revenue to Rs 1,867.96 crore in Q3 FY25 as compared with Q3 FY24.
This, coupled with remarkable volume growth in Lighting and Consumer Durables segment, has resulted in the company recording its ever highest monthly revenue during the period under review.
Further, Steel Pipes and Strips Segment also recorded volume of 2.59 lakh MT in Q4 FY25.
'With a focus on executing capex projects and leveraging favourable trade conditions, we remain well-positioned to drive growth and value creation in the Steel Pipe business and remain optimistic for coming quarters, driven by a robust order pipeline in the professional lighting segment and sustained demand in consumer durables,” the company said in a statement.
The scrip fell 1.42% to currently trade at Rs 253.40 on the BSE.