StockWatch
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Iron & Steel Products
Quarterly Updates9 Jul 2026, 06:50 pm

Rathi Steel Q1 FY27: Sales Volume Up 30%, Revenue Up 24%+

AI Summary

Rathi Steel & Power Ltd reported strong operational performance for Q1 FY27 ended June 30, 2026. Sales volume surged by approximately 30% year-on-year to 28,372 MT, up from 21,864 MT in Q1 FY26. Revenue for the quarter exceeded ₹193 Cr, marking a growth of over 24% compared to the previous year's corresponding quarter. The TMT rebar segment was a significant driver, with sales volumes more than doubling. This growth was achieved despite challenging market conditions including geopolitical issues and volatile energy costs. The company attributes its success to a diversified product portfolio, market expansion efforts, and cost management strategies.

Key Highlights

  • Sales volume grew ~30% YoY to 28,372 MT in Q1 FY27.
  • Revenue increased over 24% YoY, exceeding ₹193 Cr.
  • TMT rebar segment significantly boosted volume growth.
  • Performance achieved amidst market volatility and cost pressures.