Scan Steels Ltd — Important, 31-10-2025: Company Update

Scan Steels has announced its financial results for the quarter and half-year. The company reported a 132% YoY surge in Q2FY26 EBITDA to Rs. 5.7 Cr, driven by cost optimization and operational efficiencies from its new hot charging rolling mill. However, Q2 revenue marginally declined to Rs. 133 Cr due to lower realizations and reduced sales volumes, impacted by early monsoons. Half-year profitability decreased, with H1FY26 EBITDA at Rs. 25 Cr and PAT at Rs. 9.8 Cr. Scan Steels is expanding with a 30 MW captive power plant (FY26/FY27 commissioning) and a 72,000 TPA pipe mill at a Rs. 337 Cr investment (FY27 commissioning), aiming for future growth and efficiency.