Latest news about Surana Telecom & Power
Surana Telecom & Power
18.01
-0.26(-1.42%)
Company Performance:
View Company Insights1D-1.42%
1M-7.74%
6M-3.07%
1Y-4.00%
5Y+164.85%
More news about Surana Telecom & Power
23Dec 25
Surana Telecom Secures ₹175 Crore Solar Power Projects Under PM KUSUM-C Scheme
Surana Telecom & Power has been awarded eight Letters of Award for 51.3MW solar power projects in Madhya Pradesh under the PM KUSUM-C scheme. The projects, valued at ₹175 crores, are part of the Surya Mitra Krishi Feeders Scheme. The tariff is set at ₹2.74 per KWh with additional Central Financial Assistance of ₹1.05 crore per MW. The projects must be commissioned within 12 months and have a 25-year contract period. Power will be supplied to Madhya Pradesh Power Management Company Limited and M.P. Urja Vikas Nigam Limited.
01Dec 25
Surana Telecom & Power Limited Expands into Solar Energy with 100% Acquisition of Topsun Solar
Surana Telecom & Power Limited (STPL) has acquired a 100% equity stake in Topsun Solar Private Limited for Rs. 1,00,000, marking its entry into the solar energy sector. Topsun Solar is now a wholly owned subsidiary of STPL. This acquisition enables STPL to engage in trading, distributing, supplying, generating, transmitting, and manufacturing solar energy-related products, potentially diversifying its business portfolio and expanding its operational scope in the renewable energy market.
08Aug 25
Surana Telecom & Power Limited Reports Q1 FY2026 Results; Board Approves Key Management Changes
Surana Telecom & Power Limited announced Q1 FY2026 results with consolidated profit after tax increasing to ₹244.87 crore from ₹181.90 crore in Q1 FY2025, a 34.6% growth. Consolidated revenue slightly decreased to ₹414.36 crore. The board approved re-appointment of Shri Narender Surana as Managing Director, proposed appointment of Mrs. Sanjana Jain to a subsidiary board, and approved 7% divestment in Aryavaan Renewable Energy Private Limited.
07Aug 25
Surana Telecom Reports Strong Q1 Results, Reappoints Managing Director, and Divests Stake in Subsidiary
Surana Telecom & Power reported a 72.60% YoY increase in standalone profit for Q1, reaching ₹271.84 crore. Consolidated net profit rose 34.60% to ₹244.87 crore. The company reappointed Narender Surana as Managing Director for three years and proposed Sanjana Jain as an Independent Director for its subsidiary. The board approved divestment of 7% stake in Aryavaan Renewable Energy Private Limited, which will cease to be a subsidiary post-transaction.
07Aug 25
Surana Telecom & Power Limited Re-appoints Narender Surana as Managing Director, Reports Q1 Results
Surana Telecom & Power Limited announced Q1 FY 2025-26 results with a 72.56% increase in Profit After Tax. The company reappointed Narender Surana as Managing Director for three years from May 2025. The Board approved divestment of 7% equity in Aryavaan Renewable Energy Private Limited. Mrs. Sanjana Jain is proposed as Independent Director for Aryavaan Renewable Energy. The company's revenue from operations slightly increased by 0.77%, while other income grew by 21.76%.
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