Archive · 8 Oct 2026
Steel Exchange India Q2 Revenue Rises 45% to ₹340 Crore
Steel Exchange India said it made about ₹340 crore in revenue during the second quarter of financial year 2027.
That was 45% more than the figure it reported for the comparable period.
The company also made more re-bar in a quarter than ever before.
September was its strongest month for production so far.
It said a reheating furnace helped improve production efficiency and use of its capacity.
The company is also moving into specialty steels under a government incentive scheme.
It described the quarter as an important step in its turnaround.
The reported figures are provisional and have not yet been audited.
Steel Exchange India reported provisional consolidated Q2 FY27 revenue of approximately ₹340 crore, up 45%.
The company recorded quarterly re-bar production of 69,465 metric tonnes, its highest ever.
September 2026 production reached a monthly record of 25,095.035 metric tonnes.
The company said the Reheating Furnace improved manufacturing yields and capacity utilisation.
Steel Exchange India plans to expand into specialty steels under the PLI scheme; its figures remain unaudited and subject to review.
- Who
- Steel Exchange India Limited
- What
- Reported provisional consolidated Q2 FY27 revenue of approximately ₹340 crore, alongside record re-bar production.
- When
- The announcement was made on October 8, 2026, covering Q2 FY27 and September 2026 production.
- Where
- India
- Why
- The company attributed revenue growth to robust demand, execution and record re-bar production.
- Q2 FY27 revenue
- Approximately ₹340 crore, up 45%
- Quarterly re-bar production
- 69,465 metric tonnes, a company record
- September production
- 25,095.035 metric tonnes, a monthly record
- Announcement date
- October 8, 2026
- Operational development
- The Reheating Furnace was operationalised
- Expansion focus
- Specialty steels under the PLI scheme
- Financial data status
- Provisional, unaudited and subject to statutory auditor review