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Scan Steels LtdImportant, 28-07-2026: Company Update

28-07-2026 | 06:24 pm

Scan Steels Limited has announced its Q1 FY27 financial and operational results. Revenue increased 11% year-on-year to 2,578, driven by improved realizations and TMT volumes. EBITDA surged 21% year-on-year and 71% quarter-on-quarter to 235, with margins expanding to 9.1% due to operational efficiencies. Profit After Tax grew 29% year-on-year to 130, and Diluted EPS stood at Rs. 2.18. Production reached 121,692 MT, with TMT sales up 8% year-on-year. The company is advancing a strategic capex program for capacity expansion and value addition, targeting future growth and profitability.

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