India: Surya Roshni reports marginal increase in revenue for Q1FY'25
Surya Roshni Ltd.'s revenue inched up by 1% y-o-y to INR 1,893 crore in Q1FY'25 against INR 1,875 crore in Q1FY'24. For steel pipe and strips segment, revenue remained stable at INR 1,509 crore in Q1, while EBITDA rose by 49% y-o-y to INR 124 crore. The company's order book position as on 30 Jun'24 stood at approximately INR 600 crore for oil & gas sector, water sector and exports business.