/images/ppid_59c68470-image-177080508328894247.webp)
What is the story about?
Surya Roshni, a lighting, consumer durables and steel pipes company, reported its Q3FY26 performance with net profit declining 11.4% year-on-year to ₹79.7 crore, compared with ₹90 crore a year ago.
The company’s revenue rose 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 easing to 7.5% from 8%.
The Steel Pipes business posted revenue of ₹1,451 crore, backed by dispatch volumes of 2.37 lakh tonnes. The company also achieved a 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.
Also Read: Mrs Bectors Q3 Results: Shares slip nearly 4% despite profit growth; dividend declared
Consumer and Professional Lighting performed well, led by volume growth in LED lamps, battens and downlighters. The Professional Lighting order book remained robust at about ₹150 crore.
Commenting on the results, Managing Director Raju Bista said, “The professional lighting segment remained a key growth driver, with consistent traction across infrastructure applications such as airport, railway, tunnel, stadium and façade lighting. Our market visibility and technical credentials in this segment have strengthened meaningfully.”
Also Read: Avanti Feeds shares gain over 4% after positive Q3 results across parameters
The company said that within appliances, water heaters performed strongly and are expected to touch historical peak volumes in FY26. Induction cooktops, production of which began at the Kashipur facility about a year ago, also reported healthy growth.
Surya Roshni ended the quarter with a net cash surplus of ₹245 crore as of December 31, 2025.
CFO Bharat Bhushan Singal said, “Improved capacity utilisation, working capital optimisation and cost rationalisation enabled us to become a zero-debt company, with a cash surplus of ₹245 crore in 9MFY26.”
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.
Also Read: Gravita India plans ₹1,300 crore capex to double capacity by FY29
The company’s revenue rose 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 easing to 7.5% from 8%.
The Steel Pipes business posted revenue of ₹1,451 crore, backed by dispatch volumes of 2.37 lakh tonnes. The company also achieved a 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.
Also Read: Mrs Bectors Q3 Results: Shares slip nearly 4% despite profit growth; dividend declared
Consumer and Professional Lighting performed well, led by volume growth in LED lamps, battens and downlighters. The Professional Lighting order book remained robust at about ₹150 crore.
Commenting on the results, Managing Director Raju Bista said, “The professional lighting segment remained a key growth driver, with consistent traction across infrastructure applications such as airport, railway, tunnel, stadium and façade lighting. Our market visibility and technical credentials in this segment have strengthened meaningfully.”
Also Read: Avanti Feeds shares gain over 4% after positive Q3 results across parameters
The company said that within appliances, water heaters performed strongly and are expected to touch historical peak volumes in FY26. Induction cooktops, production of which began at the Kashipur facility about a year ago, also reported healthy growth.
Surya Roshni ended the quarter with a net cash surplus of ₹245 crore as of December 31, 2025.
CFO Bharat Bhushan Singal said, “Improved capacity utilisation, working capital optimisation and cost rationalisation enabled us to become a zero-debt company, with a cash surplus of ₹245 crore in 9MFY26.”
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.
Also Read: Gravita India plans ₹1,300 crore capex to double capacity by FY29
