STEEL EXCHANGE INDIA LIMITED has informed the Exchange regarding a press release dated August 04, 2025, titled "Press Release".
STEELXIND · price
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Steel Exchange India reported a strong Q1 FY26 with Total Income rising 14.53% YoY to ₹304.95 Cr and EBITDA growing 32.66% YoY to ₹36.35 Cr, with margins improving by 163 basis points to 11.92%. Net Profit surged 296% YoY to ₹10.23 Cr from a low base of ₹2.58 Cr in Q1 FY25. On the business front, the company's SIMHADRI TMT rebars received approvals for two major Andhra Pradesh port projects, and it won a contract worth up to ₹210 Cr from RINL for billet-to-TMT conversion. The company also incorporated a wholly owned subsidiary, SEIL Infra Logistics Ltd, on June 29, 2025, to drive focus on infrastructure and logistics.
Sharp jump in profitability, margin expansion, new high-value contract win, and entry into a new business segment through the subsidiary signal a positive growth trajectory. Shareholders may view this as a momentum-building quarter, though Q1 net profit base was low making the percentage growth less indicative of absolute scale.