Q1 2025 Surya Roshni Ltd Earnings Call Transcript

Aug 09, 2024 / 10:30AM GMT
Raju Bista - Surya Roshni Ltd - Managing Director, Whole-time Director

Yes, thank you. Good afternoon, everyone. On behalf of Surya Roshni Limited, I once again extend a very warm welcome to everyone for joining us today.

On this call, we are joined by Naresh Singhal, Executive Director of Steel Operation; Mr. Jitendra Agrawal, CEO of Lighting and Consumer Durables; and our CFO and Company Secretary, Mr. Bharat Bhushan Singal; and SGA, our Investor Relations adviser. And I hope everyone had an opportunity to go through the financial results, which was probably published today.

Moving on to the overall financial performance highlights. We are pleased to report a healthy operating performance for Q1 FY25, despite the slowdown due to general election, some few 8%, 9% price erosion on steel part, but our continued focus on value-added products in Steel Pipes segment and offering innovative products in the Lighting and Consumer Durables, we have been able to give a very healthy kind of EBITDA margins improvement.

EBITDA for Q1 FY25 increased significantly by 36% year-on-year to

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