Scan Steels Ltd — Important, 15-05-2026: Company Update

Scan Steels has announced strong financial results for Q4 and FY26, highlighting improved TMT realizations and higher volumes. Q4FY26 saw PAT margin expand to 2.8%, with profit after tax more than doubling to 7.8 Cr. Cash flow from operations surged fivefold to 37.1 Cr in FY26. The company is advancing strategic capital expenditure: Unit-II expansion, costing 60 Cr, will boost TMT capacity to 200,000 TPA by December 2026. Unit 1 will get a new pipe mill and galvanizing facility, a 100 Cr investment targeting infrastructure demand, expected by Q2 FY28.