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Shri Hare-Krishna Sponge Iron Limited, established in May 2003, specializes in manufacturing and selling sponge iron, an essential raw material for steel production using electric arc and induction furnaces.
Shri Hare-Krishna Sponge Iron Limited received approval to export 3 MW surplus power from its Captive Power Plant. This move will optimize plant utilization and enhance operational efficiency.
SHKSIL's H1 FY26 revenue rose to ₹39.43 Cr. PAT faced power cost impact, but a new 5 MW captive green energy plant, starting early next year, is set to significantly boost profitability. The company is also expanding into high-value 'Tooth Point' manufacturing and restarting dormant units.