Surya Roshni Ltd Share Price – NSE  /  BSE

Steel, Small Cap

Surya Roshni has received an order of Rs 53 crore from Odisha Urban Infrastructure Development Fund (OUIDF) -Housing & Urban Development Department, Government of Odisha for installation work in retrofitting stretches in 16 Urban Local Bodies (ULBs) - Cluster C for implementation in LED Public Street Lighting Projects in Odisha.

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Net profit of Surya Roshni declined 33.20% to Rs 103.92 crore in the quarter ended March 2024 as against Rs 155.58 crore during the previous quarter ended March 2023. Sales declined 3.29% to Rs 2080.47 crore in the quarter ended March 2024 as against Rs 2151.33 crore during the previous quarter ended March 2023.

For the full year,net profit declined 1.90% to Rs 329.16 crore in the year ended March 2024 as against Rs 335.52 crore during the previous year ended March 2023. Sales declined 2.34% to Rs 7809.27 crore in the year ended March 2024 as against Rs 7996.71 crore during the previous year ended March 2023.

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Surya Roshni announced that the Board of Directors of the Company at its meeting held on 14 May 2024, has recommended a Final dividend of Rs.2.50 per share (i.e.50%), subject to the approval of the shareholders.

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Surya Roshni will hold a meeting of the Board of Directors of the Company on 14 May 2024

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