Home / Business and Economy / Surya Roshni Profit Plummets 24% in Q4, Stock Tumbles
Surya Roshni Profit Plummets 24% in Q4, Stock Tumbles
25 May
Summary
- Consolidated net profit fell 24.44% to Rs 98.30 crore in Q4 FY26.
- Lighting segment revenue grew 9% YoY, while steel pipes fell 2% YoY.
- The company recommended a final dividend of Rs 2.50 per equity share.
Surya Roshni's stock experienced a significant drop of 11.50%, closing at Rs 218.45 following a 24.44% decrease in consolidated net profit for Q4 FY26, which stood at Rs 98.30 crore compared to Rs 130.09 crore in the prior year.
Revenue from operations increased by 0.81% year-on-year to Rs 2,163.25 crore. The lighting and consumer durables segment showed resilience with 9% revenue growth, reaching Rs 501 crore. Conversely, the steel pipes and strips business saw a 2% dip in revenue, amounting to Rs 1,662 crore during the quarter.
For the full fiscal year FY26, the company's consolidated net profit decreased by 17.54% to Rs 285.81 crore, despite a 1.41% rise in revenue from operations to Rs 7,540.42 crore. The board has recommended a final dividend of Rs 2.50 per equity share for the financial year ending March 31, 2026.
