Un-audited Standalone and Consolidated Financial Results for the First (1st) quarter ended on June 30, 2025.
SCANSTL · price
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Scan Steels reported Q1 FY26 standalone revenue from operations of Rs. 23,200 lakhs, marginally down from Rs. 23,355 lakhs in Q1 FY25. Net profit (standalone) fell sharply to Rs. 1,004 lakhs from Rs. 1,457 lakhs a year ago — a decline of about 31%. The profit drop was driven by a steep rise in raw material costs, with cost of materials consumed jumping 21.5% (from Rs. 12,940 lakhs to Rs. 15,719 lakhs) and purchases of stock-in-trade spiking sharply, squeezing margins. Basic EPS fell to Rs. 1.71 from Rs. 2.78. On a consolidated basis, net profit stood at Rs. 1,050 lakhs (EPS Rs. 1.79). The auditor (Das Pattnaik & Co) issued an unqualified limited review report. The board also approved multiple governance changes including three new independent director appointments, three resignations, re-appointment of the Whole-time Director, and appointment of new cost and secretarial auditors.
Sharp profit decline on nearly flat revenue signals clear margin pressure from rising input costs, which is negative for near-term earnings sentiment. Shareholders should watch input cost trends and whether margin recovery follows in subsequent quarters.