RATHI STEEL & POWER LTD.-$

Rathi Steel & Power Ltd announced its unaudited financial results for the quarter ended June 30, 2026 (Q1 FY27). The company reported a significant 24.63% year-on-year increase in total income, reaching ₹193.67 crore. Profit After Tax (PAT) saw a substantial surge of 84.56% YoY to ₹3.48 crore. Key drivers for this performance include a 30% YoY increase in total sales volumes to 28,372 MT, with the TMT Rebar segment more than doubling its sales volumes. The company highlighted its diversified product portfolio and market expansion efforts as crucial in navigating a challenging operating environment characterized by geopolitical uncertainties and volatile costs. Management expressed satisfaction with the results and remains focused on scaling volumes, deepening market penetration, and maintaining cost discipline for sustainable growth.

Rathi Steel and Power Limited announced the approval of its unaudited standalone financial results for the quarter ended June 30, 2026. The Board of Directors, upon recommendation from the Audit Committee, considered and approved these results. A Limited Review Auditor's Report on the financial results was also noted. The company has made these financial results available on its website. The Board meeting commenced at 3:30 pm IST and concluded at 5:05 pm IST.

Rathi Steel and Power Limited announced the approval of its unaudited standalone financial results for the quarter ended June 30, 2026. The Board of Directors, following the recommendation of the Audit Committee, approved these results. A limited review auditor's report was also noted. The company's operations fall under a single segment, 'Steel'. The financial results have been prepared in accordance with Indian Accounting Standards and SEBI regulations. The company confirmed it has no subsidiaries, associates, or joint ventures for the reported period. The results will be available on the company's website.

Rathi Steel & Power Ltd has announced that its Board of Directors will convene on August 13, 2026. The primary agenda item is to consider and approve the unaudited standalone financial results for the quarter ended June 30, 2026. Concurrently, the company has maintained a closed trading window for designated persons and their immediate relatives, effective from July 1, 2026, until 48 hours after the financial results are declared.

Rathi Steel & Power Ltd reported strong operational performance for Q1 FY27 ended June 30, 2026. Sales volume surged by approximately 30% year-on-year to 28,372 MT, up from 21,864 MT in Q1 FY26. Revenue for the quarter exceeded ₹193 Cr, marking a growth of over 24% compared to the previous year's corresponding quarter. The TMT rebar segment was a significant driver, with sales volumes more than doubling. This growth was achieved despite challenging market conditions including geopolitical issues and volatile energy costs. The company attributes its success to a diversified product portfolio, market expansion efforts, and cost management strategies.

Rathi Steel & Power Ltd has announced the closure of its trading window for the quarter ending June 30, 2026. This closure, in compliance with SEBI (Prohibition of Insider Trading) Regulations 2015, will be effective from July 1, 2026, until 48 hours after the declaration of the company's unaudited financial results for the said quarter. Additionally, as per recent SEBI circulars, the PAN of designated persons and their immediate relatives will be frozen through the National Securities Depository Limited to restrict trading during this period.

Rathi Steel and Power Limited has successfully conducted a trial run for the hot charging of Mild Steel (MS) Billets to its TMT Bar Mill. This technological advancement allows for the direct transfer of hot billets from the casting machine to the rolling mill, significantly reducing reheating needs, fuel consumption, and scale loss. The process is expected to lower the company's carbon footprint and enhance operational efficiency. The trial successfully produced Fe 550D grade MS TMT Rebars, known for their superior strength and ductility, catering to the growing infrastructure sector demand in India. This milestone is poised to improve production costs and strengthen the company's product portfolio.

Rathi Steel & Power Ltd announced its audited financial results for Q4 & FY26. The company reported a 41.76% YoY increase in revenue for FY26, reaching ₹716.49 Cr. Q4 FY26 total income stood at ₹244.57 Cr, a 63.34% increase YoY. EBITDA for Q4 FY26 was ₹9.89 Cr, up 22.72% YoY, while PAT reached ₹7.45 Cr, a 95.84% increase YoY. The company highlighted the recommencement of its TMT Bar Mill and its focus on technology modernization and sustainability.

Rathi Steel and Power Limited has announced its audited standalone financial results for the quarter and financial year ended March 31, 2026. The Board of Directors approved the results in their meeting held on May 30, 2026, following the recommendation of the Audit Committee. M/s. M. Lal & CO., Chartered Accountants, provided an unmodified opinion on the audited standalone financial results. The results and auditor's report are available on the company's website.

Rathi Steel & Power Ltd. announced that its Board of Directors approved the audited standalone financial results for the quarter and financial year ended March 31, 2026, in a meeting held on May 30, 2026. The Statutory Auditors, M/s. M. Lal & CO., Chartered Accountants, have issued an unmodified opinion on the audited standalone financial results. The results and auditor's report are available on the company's website.