Steel Exchange India Ltd

Steel Exchange India has incorporated a wholly owned subsidiary of the Company in the name of 'SEIL INFRA LOGISTICS' on 29 June 2025. The Ministry of Corporate Affairs, has issued a Certificate of Incorporation for the same.Powered by Capital Market - Live

Net profit of Steel Exchange India declined 75.90% to Rs 4.76 crore in the quarter ended March 2025 as against Rs 19.75 crore during the previous quarter ended March 2024. Sales declined 6.64% to Rs 291.42 crore in the quarter ended March 2025 as against Rs 312.15 crore during the previous quarter ended March 2024. For the full year,net profit rose 138.11% to Rs 25.93 crore in the year ended March 2025 as against Rs 10.89 crore during the previous year ended March 2024. Sales rose 5.04% to Rs 1144.02 crore in the year ended March 2025 as against Rs 1089.17 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales291.42312.15 -7 1144.021089.17 5 OPM %11.2510.77 -10.868.85 - PBDT30.1215.24 98 69.0622.59 206 PBT24.3210.14 140 45.491.28 3454 NP4.7619.75 -76 25.9310.89 138 Powered by Capital Market - Live

Steel Exchange India will hold a meeting of the Board of Directors of the Company on 19 May 2025.Powered by Capital Market - Live

The billet production mill capacity has been increased by 44.8% to 3,62,000 tons per annum (TPA), up from the existing capacity of 2,50,000 tons per annum (TPA). Meanwhile, the Rolling Bar mill capacity has increased by 58.67%, from the existing capacity of 2,25,000 TPA to 3,57,000 TPA. The said expansion can potentially save up to Rs 3000/ per ton of 8 millimeter (mm) and 10 mm sizes produced which were getting processed outside till now. Steel Exchange India is primarily engaged in the manufacturing of TMT bars, apart from billets, ingots, and power generation. The company also deals in the sale and purchase of steel products through its trading division and is recognized as one of the largest dealers for Rashtriya Ispat Nigam. The company's consolidated net profit stood at Rs 15.86 crore in Q3 FY25, steeply higher than Rs 0.21 crore posted in Q3 FY24. Net sales jumped 27.8% YoY to Rs 327.51 crore in Q3 FY25.Powered by Capital Market - Live

Net profit of Steel Exchange India rose 7452.38% to Rs 15.86 crore in the quarter ended December 2024 as against Rs 0.21 crore during the previous quarter ended December 2023. Sales rose 27.77% to Rs 327.51 crore in the quarter ended December 2024 as against Rs 256.32 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales327.51256.32 28 OPM %12.059.12 - PBDT21.785.39 304 PBT15.860.21 7452 NP15.860.21 7452 Powered by Capital Market - Live

Steel Exchange India will hold a meeting of the Board of Directors of the Company on 24 January 2025.Powered by Capital Market - Live

Steel Exchange India announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 10 January 2025.Powered by Capital Market - Live

The steel products maker may raise funds through a private placement, preferential issue, qualified institution placement, or other permissible mode, or in a combination of the various modes, in accordance with the provisions of the Securities and Exchange Board of India. The company's 'fund-rasing committee' has been delegated the powers to decide the structure, form of issuance, price, timing, terms and conditions thereof, and all other matters related or incidental thereto. Meanwhile, the steel manufacturer announced that M. Mallikarjuna Rao has resigned as the interim chief financial officer (CFO), effective from 18 December 2024, but will continue as GM Account of the company. The firm has appointed Brahmaiah Telaprolu, as the CFO and key managerial personnel with effect from 18 December 2024. Brahmaiah Telaprolu, a Chartered Accountant with over 30 years of experience, specializes in financial functions, accounting, consolidation, working capital management, taxation, fundraising, M an advance of Rs 9 crore has been received, with the balance amount of Rs 41 crore payable on or before 31 March 2025, prior to the execution of the registered sale deed. The sale is expected to complete on or before 31 March, 2025, subject to regulatory, statutory, and other approvals, if any. Steel Exchange India is primarily engaged in the manufacturing of TMT bars, apart from billets, ingots, and power generation. The company also deals in the sale and purchase of steel products through its trading division and is recognized as one of the largest dealers for Rashtriya Ispat Nigam. The company reported a consolidated net profit of Rs 2.72 crore in Q2 FY25 as compared to a net loss of Rs 3.65 crore recorded in Q2 FY24. Net sales declined 3.3% YoY to Rs 260.57 crore in Q2 FY25. Shares of Steel Exchange India fell 1.20% to Rs 10.70 on the BSE. Powered by Capital Market - Live

Steel Exchange India will hold a meeting of the Board of Directors of the Company on 18 December 2024.Powered by Capital Market - Live

Net profit of Steel Exchange India reported to Rs 2.72 crore in the quarter ended September 2024 as against net loss of Rs 3.65 crore during the previous quarter ended September 2023. Sales declined 3.30% to Rs 260.57 crore in the quarter ended September 2024 as against Rs 269.45 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales260.57269.45 -3 OPM %10.117.06 - PBDT8.651.48 484 PBT2.72-3.65 LP NP2.72-3.65 LP Powered by Capital Market - Live