We wish to inform you that, the Board of Directors of the Company at its Board Meeting held today i.e. Friday, May 15, 2026, inter-alia, have approved the following: 1. Audited Financial ....
SCANSTL · price
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Scan Steels Ltd Board met on May 15, 2026 and approved the audited standalone and consolidated financial results for Q4 and full year ended March 31, 2026. Standalone revenue from operations grew 6.2% to Rs 83,825.63 Lacs from Rs 78,919.93 Lacs in the previous year. Profit after tax (standalone) increased marginally by 1% to Rs 1,980.53 Lacs vs Rs 1,960.49 Lacs. On a consolidated basis, PAT was Rs 2,201.25 Lacs, up 1.7% from Rs 2,165.20 Lacs. Basic EPS improved slightly to Rs 3.38 (standalone) and Rs 3.76 (consolidated). The statutory auditor, Das Pattnaik & Co, issued an unmodified (clean) opinion on both standalone and consolidated financial statements. The company operates in a single segment - steel manufacturing. Cash flow from operations improved significantly to Rs 3,709.12 Lacs from Rs 699.45 Lacs in the prior year.
Positive signal for investors as the company reported growth in revenue and profits with a clean audit opinion. However, profit growth is modest at around 1-2% despite higher revenue growth, indicating margin pressure. Strong operating cash flow is a positive indicator.