Surya Roshni Limited posted its Q3 FY25 financial results, showcasing largely stable performance amid slight declines in revenue and operating income.
Key financial highlights for Q3 FY25:
- Net profit: Flat at ₹90 crore compared to the corresponding quarter last year.
- Revenue: Down 3.6% YoY to ₹1,867.8 crore from ₹1,937.5 crore.
- EBITDA: Declined 3.2% YoY to ₹149.7 crore from ₹154.6 crore.
- EBITDA margin: Remained flat at 8% YoY.
Investment Announcement:
The company announced an investment of ₹25 crore for setting up a manufacturing plant for House Wiring Cables (HWC) at its Malanpur (Gwalior) facility. This expansion will cater to residential and commercial wiring needs with Phase 1 scheduled for H1 FY26 completion and Phase 2 by H1 FY27.
Rationale Behind Investment:
- Address growing demand in residential and commercial spaces.
- Leverage existing manufacturing and distribution networks.
- Diversify product portfolio with advanced HWC types, including FR, FRLSH, and Zero Halogen cables.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions.
