Steel Exchange India posts around 45% YoY revenue growth in Q2 FY27

Revenue Growth 20pctResults View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

-6.2%Reaction day

₹10.88

prior close

₹10.76

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-2.8%-3.4% vs market

Iron & Steel Products peers, median of 107sector-2.3%-3.8% vs sector

On the reaction day the stock moved 3.4 pts less than Nifty Microcap 250 and 3.8 pts less than its Iron & Steel Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

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UpDownMarket · Nifty Microcap 250Sector · Iron & Steel Products peers, median of 107Pending

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AI summary

Steel Exchange India reported Q2 FY27 provisional revenue of about Rs 340 crore, marking a rise of around 45% YoY and 25% QoQ. Growth was driven by record Re-bar production of 69,465 MT, the highest ever for a quarter. The Reheating Furnace has improved yields and capacity utilisation. Figures are provisional and unaudited.

Likely market impact

Strong revenue growth and record production signal a turnaround, but figures are provisional and subject to auditor approval.