Surya Roshni reported mixed Q3FY26 results with net profit declining 11.4% year-on-year to ₹79.7 crore, compared with ₹90 crore in the previous year. According to reports from CNBC TV18, the company's revenue grew modestly by 3.2% YoY to ₹1,928 crore from ₹1,868 crore, supported by steady business momentum. However, EBITDA fell 3.2% to ₹145 crore versus ₹149.7 crore last year, with margins compressing to 7.5% from 8%.
The Steel Pipes business generated revenue of ₹1,451 crore, backed by dispatch volumes of 2.37 lakh tonnes. As reported by CNBC TV18, the company achieved a significant milestone by manufacturing API 5CT ERW casing pipes for the Indian market for the first time. The Lighting & Consumer Durables segment reported around 6% YoY revenue growth to ₹476 crore, driven by festive season demand and strong volume traction across consumer lighting categories.
According to CNBC TV18, Surya Roshni ended the quarter with a net cash surplus of ₹245 crore as of December 31, 2025, achieving a significant milestone of becoming a zero-debt company. CFO Bharat Bhushan Singal attributed this achievement to improved capacity utilisation, working capital optimisation and cost rationalisation. The company reported a cash surplus of ₹245 crore in 9MFY26.
As reported by CNBC TV18, Surya Roshni shares were trading lower on Wednesday, falling 6.19% to ₹234.50 on the NSE at 3:14 pm IST, down ₹15.47 during the session. The decline occurred despite the company's achievement of becoming debt-free and maintaining steady revenue growth across its business segments.
