Quarterly Result12 Aug 2025, 12:15 pm
Scan Steels Q1 FY26 Financial Results: EBITDA & PAT Surge by 114% & 119% Respectively
AI Summary
Scan Steels Limited, an integrated steel plant with 30 years of experience, has announced its Q1 FY26 financial results. The company reported a significant increase in EBITDA and PAT, driven by higher production of Billets and TMT. The company also announced its expansion plans, including the installation of three 20 TPH induction furnaces, a captive-use oxygen plant, and a 30 MW captive power plant.
Key Highlights
- Q1 FY26 EBITDA increased by 114% (YoY) to Rs. 193 Mn
- Q1 FY26 PAT increased by 119% (YoY) to Rs. 105 Mn
- The company is expanding capacity through the installation of three 20 TPH induction furnaces and a captive-use oxygen plant, along with a 30 MW captive power plant
- A 72,000 TPA pipe mill is under development at Unit-l, Ramabahal, Keshramal, Rajgangpur, Odisha, with an investment of 3337 crore
- Scan Steels achieved 27% volume growth in Q1 FY26