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Surya Roshni Q2 net profit rises 3.4% YoY to Rs 77 crore

09-Nov-2026 | 09:47
Surya Roshni reported a 3.43% increase in consolidated net profit to Rs 76.73 crore in Q2 FY27, compared with Rs 74.19 crore in Q2 FY26.

Revenue from operations increased 32.70% to Rs 2,448.48 crore in Q2 FY27 from Rs 1,845.16 crore in Q2 FY26. EBITDA rose 1.42% to Rs 143 crore from Rs 141 crore, while EBITDA margin declined to 5.8% from 7.6%. Profit before tax increased 3.50% to Rs 103.11 crore from Rs 99.62 crore.

The Steel Pipes & Strips segment recorded a 37.59% increase in revenue to Rs 1,941.16 crore from Rs 1,410.79 crore. Segment EBITDA stood at Rs 103 crore, while sales volume increased 23% YoY to a record 2.67 lakh tonnes. Capacity utilisation improved to 84% from 82% in Q1 FY27.

The Lighting & Consumer Durables segment revenue increased 16.79% to Rs 507.32 crore from Rs 434.37 crore. Segment EBITDA rose to Rs 40 crore from Rs 39 crore, while EBITDA margin stood at 7.8% against 9% in Q2 FY26. The segment recorded growth across ceiling fans, water heaters, mixer grinders and LED bulbs.

For the half year ended September 2026, consolidated revenue increased 30.30% to Rs 4,494.96 crore from Rs 3,449.68 crore. EBITDA rose 17.94% to Rs 263 crore from Rs 223 crore, while net profit increased 26.44% to Rs 136.33 crore from Rs 107.82 crore.

The company reported a combined order book of over Rs 1,400 crore across both businesses. It also maintained its FY27 guidance of 22-23% value growth and 25% volume growth in the Lighting & Consumer Durables segment, targeting revenue of around Rs 2,200 crore and EBITDA of Rs 200 crore.

Surya Roshni is a zero-debt company with a cash surplus of Rs 75 crore as of 30 September 2026.

Surya Roshni is a diversified Indian manufacturing company established in 1973. The company?s business portfolio includes steel pipes & strips, lighting, consumer durables, and PVC products, supported by facilities such as 3LPE coating units and Direct Forming Technology (DFT). The company also manufactures a wide range of conventional and LED lighting products. The consumer durable business offers a variety of fans, home appliances, and domestic house wires.

Shares of Surya Roshni fell 2.25% to Rs 204.10 on the BSE.

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