Quarterly Updates5 Aug 2025, 09:04 am
Steel Exchange India Posts 296% YoY Growth in Q1 Net Profit on Strong Operating Performance
AI Summary
Steel Exchange India Limited, one of the leading integrated steel manufacturers in South India and a trusted name in TMT rebars under the brand ‘SIMHADRI TMT’, has announced its unaudited financial results for Q1 FY26. The company has reported a significant YoY growth in net profit, total income, and EBITDA, driven by strong operating performance and growing demand for its SIMHADRI TMT products.
Key Highlights
- Q1 FY26 Total Income: ₹ 304.95 Cr, up 14.53% YoY
- Q1 FY26 EBITDA: ₹ 36.35 Cr, up 206.30% YoY
- Q1 FY26 Net Profit: ₹ 3.35 Cr, up 238 BPS YoY
- SIMHADRI TMT rebars approved for two major AP port projects - Machilipatnam (Megha Engineering) and Mulapeta (Vishwa Samudra JV)
- Incorporated a wholly owned subsidiary SEIL Infra Logistics Ltd to unlock value from non-core assets and drive focus on infra & logistics