Surya Roshni Ltd, the largest exporter of ERW pipes and ERW galvanised steel pipes (GI) from India, is optimistic of maintaining its EBITDA/tonne (t) above 4,000/t on account of export orders and value-added products in a year's time. The company achieved its highest-ever EBITDA in Q1 FY22 at INR 5,033/t. In Q4 FY21, EBITDA stood at around INR 4,251/t.
The company's revenue for Q1 FY22 grew by 64% to INR 1,453 crore, EBIDTA grew by 112% to INR 93 crore and cash profit registered a growth of 221% to INR 76 crore on a yearly basis.
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