Steel Exchange India Q2 FY27 Revenue ₹340 Cr, Up 45% YoY

Steel Exchange India Limited reported provisional consolidated revenue of approximately ₹340 Crore for Q2 FY27, marking a significant increase of ~45% year-on-year and ~25% quarter-on-quarter. This growth was driven by record Re-Bar production of 69,465 MT and operational improvements, including the RHF. The company is also diversifying into specialty steels under the PLI scheme, aiming for higher margins and import substitution. These provisional figures indicate strong momentum in the company's turnaround journey, with a focus on capacity utilization and operational efficiencies for long-term growth.