Scan Steels Q1 FY27 Revenue Up 11% YoY to ₹2,578 Cr

Scan Steels Ltd announced its Q1 FY27 financial and operational results, reporting an 11% year-on-year (YoY) revenue increase to ₹2,578 crore, driven by improved product mix and higher TMT sales volumes. EBITDA saw a significant 21% YoY growth to ₹235 crore, with margins expanding to 9.1% due to operational efficiencies and cost management. Profit After Tax (PAT) grew 29% YoY to ₹130 crore. Production volumes showed sequential growth, with TMT sales up 8% YoY. The company highlighted its strategic capex plans for capacity expansion and downstream facilities, reinforcing its integrated steel manufacturing platform. Credit ratings remain strong at CRISIL BBB+/Stable and A2+.