Steel Exchange India reported a strong set of numbers for the quarter ended June 30, 2025, with standalone net profit surging nearly fourfold to Rs 10.22 crore, compared to Rs 2.58 crore in the same quarter last year. The profit also grew sharply from Rs 4.76 crore in the previous quarter.
Total revenue from operations stood at Rs 299.99 crore in Q1 FY26, up 13.6% from Rs 264.03 crore in Q1 FY25. On a sequential basis, revenue rose slightly from Rs 291.42 crore reported in Q4 FY25.
EBITDA for the quarter also improved, supported by lower raw material costs and steady employee benefit expenses. Total expenses stood at Rs 294.72 crore, marginally higher than the previous year’s Rs 263.68 crore.
The company reported other income of Rs 4.95 crore, significantly higher than the Rs 2.22 crore reported in Q1 FY25, though lower than Rs 16.60 crore in Q4 FY25. No exceptional items were reported during the quarter.
The company’s bottom line received a boost from a steady operating performance and absence of tax expenses for the quarter.
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