Kathmandu. Laxmi Steel Company, operated by The Saurabh Group, has a turnover of Rs 6.81 billion in the nine months of the current fiscal year.

The company had a turnover of Rs 8.05 billion in 2024. Similarly, in 2023, the company has done business of Rs 9.44 billion and in 2022, it has earned Rs 8.54 billion.

The company has a rating of Rs 3.77 billion for short-term loans. Rating Agency Infomerics Nepal has given IRN A-3 Plus rating to the loan.

Dandi accounts for 92 percent of the company’s business. The company has an annual production capacity of 150,000 metric tonnes of dandi and 180,000 metric tonnes of willets.

The company was founded in 2008. The company, which turned into a public company in 2022, has been producing willets, poles and wires and selling them in the Nepali market. Tikaram Neupane is the chairman of the company.