STEEL EXCHANGE INDIA LIMITED — Updates, 05-08-2025: Press Release

Steel Exchange India reported strong Q1 financial results, with Net Profit soaring 296% YoY to ₹10.23 Cr, driven by a 14.53% increase in Total Income to ₹304.95 Cr. EBITDA grew 32.66% to ₹36.35 Cr, reflecting improved operational efficiency. Key business developments include SIMHADRI TMT rebars gaining approval for major Andhra Pradesh port projects. The company also secured a significant ₹210 Cr contract from RINL for billet conversion and formed SEIL Infra Logistics Ltd to unlock value from non-core assets.