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Surya Roshni Q2 FY27 slides: record revenue masks margin pressure

Surya Roshni Q2 FY27 slides: record revenue masks margin pressure

Surya Roshni Limited released its Q2 and H1 FY27 earnings on November 7, 2026, revealing record quarterly revenue of ₹2,448 crore, increasing by 33% year-over-year. This growth was fueled by an exceptional surge in volume for its steel pipes business. However, the company's presentation also exposed margin pressure, with EBITDA margins shrinking to 5.8% from 7.6% the previous year, indicating cost challenges across its main segments.

The firm remains debt-free, maintaining a net cash surplus of ₹75 crore as of September 30, 2026. The stock price dropped 0.99% to $216.76 following the results, trading around 15.8% below its 52-week high of $314.50.

Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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