Surya Roshni secures two orders worth Rs 214.68 crore

Surya Roshni Ltd on Wednesday announced that it has secured two orders worth Rs 214.68 crore from Hindustan Petroleum Corporation Limited and from a domestic entity.  In a regulator filing, the company said, “It is hereby informed that the company has obtained order amounted to Rs 214.68 crore (with GST) including an order of Rs 106.01 crore (with GST) from Hindustan Petroleum Corporation Limited for supply of API SL Gr. X, 3LPE Coated Line Pipes for Rajasthan & Jharkhand and order of Rs 108.67 crore (with GST) from Domestic entity for supply of Food Grade Epoxy Coated, Spirally Welded HSA W MS pipes for Madhya Pradesh.”

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The first order, it added, is from Hindustan Petroleum Corporation Limited (HPCL) in Jaipur (Rajasthan) and Ranchi (Jharkhand) for supply of 8″ Inch API SL PSL-2, XS2 Grade 3LPE Coated Line Pines. The order is worth Rs 106.01 crore and is expected to be executed within 40 weeks. 

The other order is received from a domestic entity in Madhya Pradesh for supply of Food Grade Epoxy Coated, Spirally Welded HSAW MS Pines. The order, worth Rs 108.67 crore is to be executed within 15 weeks, it said. 

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Earlier, Surya Roshni reported a net sales of Rs 1,528.72 crore in September 2024, down 20.19 per cent as against Rs 1,915.50 crore in September 2023. The quarterly net profit stood at Rs 36.06 crore in September 2024, posting a decline of 52.48 per cent from Rs 75.88 crore in September 2023. EBITDA stood at Rs 85.20 crore in September 2024 

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