STEEL EXCHANGE INDIA LIMITED has informed the Exchange regarding a press release dated May 26, 2026, titled "Steel Exchange India Limited Delivers Strong Q4 FY26 Performance with Net Profit Surging 443% QoQ to Rs. 12 Cr".
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Steel Exchange India Limited reported exceptional Q4 FY26 results with net profit jumping 443% QoQ to Rs. 12.37 crore, driven by a 118% QoQ surge in EBITDA to Rs. 50.10 crore and margin expansion of 788 basis points to 17.41%. Full-year FY26 revenue declined 8.3% to Rs. 1,066 crore but profitability improved marginally. Key highlights include Rs. 85 crore capital infusion from IMR Group, redemption of Rs. 43 crore NCDs (reducing over 20% of long-term debt since October 2025), renewal of defence ministry approval for TMT supplies, and new leadership appointments including a CFO and an industry veteran joining the board.
The sharp improvement in quarterly profitability and aggressive debt reduction signal operational turnaround and strengthen the balance sheet, which should be positive for investor sentiment. The capital infusion from IMR Group also signals institutional confidence in the company's growth strategy.