Surana Telecom and Power Ltd
Surana Telecom Q2 FY27 Consolidated Profit Rs. 30.19 Lakhs, Divests Subsidiaries
RESULTS
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MEDIUM RISK
📅 Filed on BSE: 03 Nov 2026, 12:51 PM IST · BSE ID: 69f82904-b6a5-4bf3-924f-5bcad943edaf
View Original BSE Filing (PDF)
💡
In Simple Terms
The company reported quarterly profits while exiting two of its solar energy subsidiaries, selling one for Rs. 2,63,00,250.
🤖 AI Summary
- Surana Telecom and Power Ltd approved consolidated unaudited financial results for Q2 FY27, reporting a profit of Rs. 30.19 Lakhs.
- Company decided not to subscribe to the rights issue of Topsun Solar Private Limited, reducing its stake from 100% to ~15.38%.
- Topsun Solar Private Limited will cease to be a wholly owned subsidiary of the company upon completion of the rights issue.
- Transfer of 100% beneficial ownership of Bhagyanagar Solar Private Limited completed for Rs. 2,63,00,250.
- Bhagyanagar Solar Private Limited ceased to be a subsidiary effective November 3, 2026.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Consolidated Profit for the period (Q2 FY27)
Rs. 30.19 Lakhs
Not comparable — limited prior period data.
Consolidated Revenue from Operations (Q2 FY27)
Rs. 223.91 Lakhs
Consideration for Bhagyanagar Solar Private Limited transfer
Rs. 2,63,00,250
Company's shareholding in Topsun Solar Private Limited post-renunciation
approximately 15.38%
🏢 How This Affects the Company
The cessation of Topsun Solar Private Limited and Bhagyanagar Solar Private Limited as subsidiaries reduces the company's direct involvement and control in those specific renewable energy ventures. This suggests a strategic realignment away from these particular solar operations.
The company received Rs. 2,63,00,250 from the transfer of Bhagyanagar Solar Private Limited. The reduced stake in Topsun Solar Private Limited means future capital commitments to that entity are limited, but also its contribution to consolidated financials will decrease significantly.
The company will no longer consolidate the operations of Topsun Solar Private Limited and Bhagyanagar Solar Private Limited, streamlining its operational footprint. The decision to not subscribe to the rights issue of Topsun Solar Private Limited also limits future operational liabilities.
Reducing exposure to Topsun Solar Private Limited and divesting Bhagyanagar Solar Private Limited reduces the company's direct operational and financial risks associated with these specific entities. However, it also reduces potential upside from these ventures.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required by shareholders based on this filing.
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Who Is Affected
Shareholders are affected by the company's change in group structure, as two solar subsidiaries cease to be part of the consolidated entity. This will impact future consolidated financial reporting.
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Management Signal
The Board's decision indicates a strategy of divesting specific solar assets and consolidating operations, potentially to streamline the business or focus on other areas.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q3 FY27 consolidated results — observe impact of subsidiary divestments on revenue and profit.
Future disclosures on new strategic direction or asset acquisitions.
Update on Topsun Solar Private Limited's rights issue completion and final shareholding change.
MEDIUM RISK
Significant divestments and changes in subsidiary structure introduce uncertainty regarding future consolidated performance.
💡 Investor Takeaway
Surana Telecom and Power Ltd reported a consolidated profit of Rs. 30.19 Lakhs for Q2 FY27. The company completed the transfer of Bhagyanagar Solar Private Limited for Rs. 2,63,00,250 and reduced its stake in Topsun Solar Private Limited, ceasing both as subsidiaries.
⚖️ Strengths & Concerns
✅ Positives
- Receipt of Rs. 2,63,00,250 from the transfer of Bhagyanagar Solar Private Limited, improving liquidity.
- Consolidated Profit for Q2 FY27 of Rs. 30.19 Lakhs, demonstrating positive earnings for the period.
⚠️ Concerns
- Revenue from operations significantly decreased to Rs. 223.91 Lakhs in Q2 FY27 from Rs. 936.67 Lakhs in Q2 FY26.
- Cessation of two solar subsidiaries will impact future consolidated revenue and asset base.
📅 Company Track Record
Previous filing on November 3, 2026, also reported Q2 FY27 consolidated profit of Rs. 30.19 Lakhs and mentioned the divestment of two solar subsidiaries. The current filing confirms the completion of these divestments and provides additional financial details regarding the transactions.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Surana Telecom and Power Ltd's consolidated net profit for Q2 FY27?
Surana Telecom and Power Ltd reported a consolidated profit for the period of Rs. 30.19 Lakhs for the quarter ended 30 September 2026.
What was the revenue from operations for Surana Telecom and Power Ltd in Q2 FY27?
The consolidated revenue from operations for Surana Telecom and Power Ltd was Rs. 223.91 Lakhs for the quarter ended 30 September 2026.
What was the sale consideration for Bhagyanagar Solar Private Limited?
The company received Rs. 2,63,00,250 as consideration from the transfer of 100% beneficial ownership of Bhagyanagar Solar Private Limited.
What is Surana Telecom's remaining stake in Topsun Solar Private Limited?
Upon renouncing its rights entitlement, Surana Telecom and Power Ltd's shareholding in Topsun Solar Private Limited will be reduced to approximately 15.38%.
When did Bhagyanagar Solar Private Limited cease to be a subsidiary?
Bhagyanagar Solar Private Limited ceased to be a subsidiary of Surana Telecom and Power Ltd with effect from November 3, 2026.
Questions based on this BSE filing only. For information purposes.