04-Nov-2026 12:58:37

STEELXIND Q2 : STANDALONE NET PROFIT UP 734% AT ₹17.62 CR (YOY), UP 17.3% (QOQ). GOOD (ON 1ST LOOK)

Revenue up 48.1% at ₹343.16 Cr (YOY), up 27.2% (QOQ). Operating Ebitda margin 10% v 11% (YOY), 13% (QOQ); net profit margin 5% v 1% (YOY), 6% (QOQ). Board approved conversion of 8.04 Cr warrants at ₹9.45/share; paid-up capital rose to ₹135.59 Cr. Working capital term loan of ₹11.19 Cr availed under ECLGS at 9% for 5 years.

STEEL EXCHANGE INDIA LIMITED

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