SURYA ROSHNI LTD. - 500336 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Transcript of Earning Call held on 11th August, 2023 at 4.000 pm with respect to Financial Results for the first quarter ended 30th June, 202317-08-2023
17-08-2023
SURYA ROSHNI LTD. - 500336 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
The Company''s RTA Mas Services Ltd. on 17th August, 2023 issued letter of confirmation/entitlement in regard to claim for Duplicate Share Certificate in electronic mode.17-08-2023
SURYA ROSHNI LTD. - 500336 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
The information as received from Company''s RTA Mas Services Ltd. on 14th August, 2023 in regard to information for loss of Share Certificates by the Shareholder.14-08-2023
Q1FY24 Quarterly Result Announced for Surya Roshni Ltd.
Iron & Steel Products company Surya Roshni announced Q1FY24 results: Revenue of Rs 1,875 crore in Q1FY24 compared to Rs 1,840 crore in Q1FY23, up 2% YoY. Company reported a sustained growth momentum on a YoY basis, driven by value-added products and better volumes. With softening of commodity prices and better volume led EBITDA to improve by 65% to Rs 116 crore; EBITDA margins for Q1FY24 stood at 6.2%. Profit after tax stood at Rs 59 crore reporting a growth of 166%, on account of reduced finance costs. Debt further reduced by Rs 171 crore and debt to equity ratio for June 30, 2023, stands at 0.12x. Focused on innovating new-aged products, premiumization coupled with marketing and advertising campaigns, and expanding geographical footprint. Celebrating 50 Years of Trust and Excellence. Healthy volume growth of 20% in Steel Pipes and Strips. Growth in Lighting and Consumer Durables by 11.5%. Sustained performance driven by value added products and improved product mix. Commenting on the results, Company’s Managing Director, Raju Bista, said, “The overall performance of the company has been satisfactory given a robust volume growth. This benchmarks the company’s ability to withstand economic headwinds. Despite the seasonality and falling commodity prices, EBITDA grew by 65% and profit after tax recorded a healthy growth of 166%; supported by the demand in value added products, improved product mix and reduction in debt. We firmly believe that these headwinds are temporary, and the company is poised for sustained growth in both the businesses." Result PDF14-08-2023
Surya Roshni shares drop 3% despite Rs 171 crore order win
In the quarter ended June 2023, the company reported 165.87 percent jump in its net profit at Rs 59.13 crore and revenue increased by 1.92 percent at Rs 1,875.27 crore.14-08-2023
SURYA ROSHNI LTD. - 500336 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper Advertisement : related to notice of 50th AGM and record date for final dividend12-08-2023
SURYA ROSHNI LTD. - 500336 - Announcement under Regulation 30 (LODR)-Newspaper Publication
News Paper Advertisement : Extract of Unaudited Financial Results for the quarter ended 30th June, 2023.12-08-2023
SURYA ROSHNI LTD. - 500336 - Announcement under Regulation 30 (LODR)-Award of Order Receipt of Order
Received orders amounted to Rs. 171.16 crores from BPCL and HPCL11-08-2023
SURYA ROSHNI LTD. - 500336 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Audio Recording of Earnings Call with respect to Financial Results for the first quarter of the Financial year ended 30th June, 2023.11-08-2023
