Surya Roshni Secures Rs 86 Cr Export Orders From USA
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Surya Roshni Secures Rs 86 Cr Export Orders From USA

The first order, valued at Rs 68.11 crore, is for the supply of ERW steel and OCTG casing and tubing of API 5CT grade

Surya Roshni has secured two separate export orders from the United States of America, amounting to Rs 86 crore, the company said on Monday. The first order, valued at Rs 68.11 crore, is for the supply of ERW steel and OCTG casing and tubing of API 5CT grade.

The company said that the orders will be executed by June 2026. On the other hand, the second export order is valued at Rs 17.89 crore. This is regarding the supply of ERW carbon steel pipe of API 5L Grade, the exchange filing by the company highlighted.

In the third quarter of the financial year 2026, the consolidated revenue of the company increased 3 per cent YoY to Rs 1,927 crore, while Ebitda stood at Rs 148 crore. The net profit for the quarter was Rs 80 crore, marking a dip of 11 per cent. This was impacted by inventory losses in the steel pipes business due to steel price corrections, partially offset by improved sequential operating performance.

The lighting and consumer durables segment delivered steady growth, with revenue rising 6 per cent YoY to Rs 476 crore, supported by festive demand, strong performance in LED bulbs, battens and downlighters and continued traction in professional lighting, despite input cost pressures in select appliance categories.

The steel pipes business reported stable revenues of Rs 1,451 crore, driven by higher dispatch volumes and a healthy product mix. Ebitda was impacted by inventory losses following a decline in steel prices, even as value-added products and hollow sections continued to perform well, the company said.

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