04-Nov-2026 14:36:06

STEELXIND Q2 : CONS NET PROFIT UP 835% AT 17.62 CR (YOY). STRONG (ON 1ST LOOK)

• Revenue up 47% at 343.35 Cr (YOY), up 27% (QOQ); H1 FY27 revenue 614.06 Cr, up 14% (YOY). • H1 FY27 PAT 32.65 Cr v 12.34 Cr (YOY), up 265%. • Record Q2 Re-Bar output of 69,617.42 MT; total debt cut ~₹102 Cr since December 2025. • Credit rating upgraded two notches to IVR BBB+ / Stable; short-term rating IVR A2. • Long-term iron ore MoU with NMDC; SIMHADRI TMT approved for Amaravati Capital City; 5-year MES defence empanelment renewed. • Advancing diversification into specialty steels under the PLI scheme.

Steel Exchange India Ltd

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