Enclosed herewith Audited Financial Results for the Quarter and Year Ended on 31.03.2025.
SCANSTL · price
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Scan Steels Ltd reported a decline in revenue but improved profitability for FY25 on a standalone basis. Total income from operations fell to Rs 78,919.93 lakhs from Rs 96,541.32 lakhs in FY24, a drop of roughly 18%. Despite the lower sales, net profit rose to Rs 1,960.49 lakhs (up about 10.6%) and profit before tax climbed to Rs 2,608.78 lakhs, supported by lower raw material costs and reduced finance costs. Q4 standalone was weaker, with net profit of Rs 358.11 lakhs versus Rs 811.01 lakhs in Q4 FY24. On a consolidated basis, FY25 net profit rose modestly to Rs 2,165.20 lakhs. The company reduced short-term borrowings sharply from Rs 11,311.05 lakhs to Rs 6,192.24 lakhs and auditor DAS Pattnaik & Co issued an unmodified opinion.
Lower top-line growth may weigh on sentiment, but stronger margins and significant debt reduction are positives. With consistent profitability, an unmodified audit opinion, and a healthy balance sheet, fundamentals remain stable for shareholders.