Suraj , a manufacturer of stainless steel seamless pipes, tubes, and fittings, has announced its unaudited financial results for the first quarter of the fiscal year 2026, along with addressing recent non-compliance notices from stock exchanges.

Financial Performance

The Board of Directors of Suraj Limited approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2025, during a meeting held on July 24, 2025. The company reported the following key figures for Q1 FY26:

The consolidated results include the company's share of profit from its associate, Suraj Enterprise Private Limited, which contributed Rs. 119.54 lakhs to the bottom line.

Addressing Non-Compliance Notices

Suraj Limited also addressed two non-compliance notices received from stock exchanges dated June 27, 2025:

NSE Notice

The National Stock Exchange issued a notice regarding the non-submission of the cash flow statement. The company attributed this to a human error in scanning the document, despite submitting other required information on time. The Board stated that all other information and supporting documents were duly submitted, but resubmission was not allowed on the NEAPS portal.

BSE Notice

The Bombay Stock Exchange issued a notice for non-compliance with secretarial compliance report submission requirements. Specifically, the company had not submitted the PDF file, although it had submitted the report in XBRL format within the prescribed time.

In response to both notices, Suraj Limited has paid the fines levied by the exchanges. The Board of Directors has advised the management to ensure proper compliance in the future to avoid such incidents.

Management's Commitment

The company's management has committed to strengthening its compliance procedures to prevent similar oversights in the future. This demonstrates Suraj Limited's dedication to maintaining transparency and adhering to regulatory requirements.

Suraj Limited continues to focus on its core business of manufacturing stainless steel, alloy steel, and carbon steel seamless pipes, tubes, fittings, and flanges. As the company moves forward, it aims to improve its operational efficiency and maintain strong corporate governance practices.

Investors and stakeholders will be watching closely to see how these compliance measures and the company's financial performance evolve in the coming quarters.

SURAJ , a prominent player in its industry, has released its fourth-quarter financial results, revealing significant challenges in its recent performance. The company faced headwinds across key financial metrics, marking a notable shift from its position in the same quarter last year.

EBITDA Turns Negative

In a concerning turn of events, SURAJ reported an EBITDA loss of ₹22.00 crore for the fourth quarter. This stands in stark contrast to the ₹112.00 crore EBITDA gain recorded in the corresponding quarter of the previous year. The swing from a substantial profit to a loss in this crucial metric indicates significant pressure on the company's core operational efficiency.

Revenue Contraction

The company's top line also witnessed a substantial decline. SURAJ reported a revenue of ₹587.00 crore for the quarter, down from ₹762.00 crore in the same period last year. This 23.00% year-over-year decrease in revenue suggests a challenging market environment or potential issues with sales and market share.

Bottom Line Impact

The financial strain is further evident in SURAJ's bottom line. The company reported a net loss of ₹39.00 crore for the fourth quarter. This represents a dramatic reversal from the ₹60.00 crore profit recorded in the same quarter of the previous year.

Financial Overview

To provide a clearer picture of SURAJ's Q4 performance, here's a summary of the key financial metrics:

The stark contrast in these year-over-year figures underscores the financial challenges SURAJ is currently navigating. The company's management will likely face questions from investors about the factors contributing to this downturn and their strategies for reversing these trends in the coming quarters.

As SURAJ grapples with these financial setbacks, stakeholders will be keenly watching for any signs of a turnaround strategy or initiatives aimed at stemming the decline in revenue and profitability. The company's ability to adapt to current market conditions and improve its operational efficiency will be critical in the months ahead.