Archive · 21 Jul 2026
Steel Exchange India Reports Q1 Profit
Steel Exchange India Limited (SEIL) recently shared its financial results for the first three months of 2026.
The company made a net profit of ₹15.03 crore, which is less than the previous quarter but more than the same time last year.
The total revenue was ₹269.71 crore, which is also lower than before.
The company also issued new shares and approved important decisions about its directors.
This shows that while the company is making money, it is also making changes to its leadership and financial structure.
Steel Exchange India Limited reported a net profit of ₹15.03 crore for Q1 2026.
Revenue from operations was ₹269.71 crore, down from previous quarters.
Profit before tax was ₹15.03 crore, lower than the previous quarter but higher than the same quarter last year.
The Board approved remuneration for Mohit Sai Kumar Bandi and continuation of Bhagyam Ramani as Independent Director.
The company issued 36.15 crore convertible equity share warrants, raising ₹341.58 crore.
- Who
- Steel Exchange India Limited (SEIL)
- What
- Announced Q1 financial results
- When
- First quarter ended 30 June 2026
- Where
- Mumbai
- Why
- To report financial performance and corporate governance decisions
Financial Performance
Corporate Governance
Revenue Decline
Financial Performance
Revenue decreased to ₹269.71 crore from ₹287.33 crore in the previous quarter and ₹300 crore in the same quarter last year.
Corporate Governance
The company issued 36.15 crore convertible equity share warrants, raising ₹341.58 crore.
Profitability
Financial Performance
Net profit was ₹15.03 crore, lower than ₹25.62 crore in the previous quarter but higher than ₹10.23 crore last year.
Corporate Governance
The Board approved remuneration for Mohit Sai Kumar Bandi and continuation of Bhagyam Ramani as Independent Director.
- Net Profit
- ₹15.03 crore
- Revenue from Operations
- ₹269.71 crore
- Profit Before Tax
- ₹15.03 crore
- Equity Share Warrants Issued
- 36.15 crore
- Amount Raised from Warrants
- ₹341.58 crore
- Equity Shares Allotted
- 2.83 crore
- Amount from Share Conversion
- ₹39.90 crore
