Shankara Buildpro Q1FY27 Revenue Jumps 21% YoY to ₹1,890 Cr
Shankara Buildpro Limited announced its financial results for Q1FY27, reporting a 21% year-on-year growth in Revenue from Operations to ₹1,890 crore. This growth was primarily driven by the core steel marketplace, which saw a 10% YoY volume increase to 2.50 lakh tonnes, despite a soft industry demand. The non-steel marketplace also showed a recovery, with revenue growing 15% YoY after two years of consolidation. The company maintained a healthy balance sheet and is on track to meet its FY27 steel volume target of 1.2 million tonnes. Profit After Tax (PAT) stood at ₹36 crore.
Key Highlights
- Revenue from Operations grew 21% YoY to ₹1,890 crore in Q1FY27.
- Steel marketplace volume increased 10% YoY to 2.50 lakh tonnes.
- Non-steel revenue resumed growth, up 15% YoY.
- PAT for the quarter was ₹36 crore.
- Company remains on track for 1.2 million tonne steel volume target in FY27.
Price Impact
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