Annual Report for the Financial Year 2024-2025 - Regulation 34(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI Listing Regulations')
SCANSTL · price
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Scan Steels Ltd submitted its 32nd Annual Report for FY 2024-2025, with the AGM scheduled for September 26, 2025 via video conferencing. Total revenue declined sharply by about 18% year-on-year to ₹793.81 crore from ₹967.43 crore. However, profit after tax improved by roughly 10.6% to ₹19.61 crore, and net worth grew about 4.5% to ₹417.59 crore, while EPS was nearly flat at ₹3.35. The Chairman attributed the weak revenue to demand fluctuations and rising input costs in the later part of the year, despite the company staying on track until January 2025. The agenda also includes re-appointment of Whole-time Director Ankur Madaan and appointment of new independent directors.
Shareholders should note the significant revenue contraction even as profitability held up, which could signal pricing pressure or weaker volumes in the steel business. The AGM items are routine director re-appointments and auditor ratifications with no major corporate action; near-term stock movement will likely depend on whether the company can reverse the revenue slide in FY 2025-26.