Surya Roshni Wins Rs 1.69 Billion MS Pipe Order

16 Dec 2025 CW Team

Surya Roshni Ltd has secured a contract worth Rs 1.69 billion for the supply of submerged arc welded mild steel pipes, the company said in an exchange filing on Wednesday. The order has been awarded by an undisclosed domestic entity, with the pipes to be supplied for projects in Gujarat and execution scheduled to be completed by June 2026.

The lighting and steel major continues to strengthen its order book amid steady demand from infrastructure and utility projects. In November, the company had won another order valued at Rs 1.05 billion from an engineering and infrastructure firm for the supply of spiral pipes with external 3LPE coating.

Surya Roshni also reported a sharp improvement in its financial performance. Net profit for the September quarter rose 117 per cent year on year to Rs 743 million, compared with Rs 342 million in the same period last year. Revenue from operations increased 21 per cent to Rs 18.45 billion from Rs 15.29 billion a year earlier.

Following the announcement, shares of Surya Roshni Ltd ended 2.38 per cent higher at Rs 257.90 on Wednesday. However, the stock remains down 25.18 per cent over the past six months.

Infrastructure Transport

06 Feb 2026

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..