Steel Exchange India posts ₹340 crore Q2 revenue.

Steel Exchange India Limited

reported approximate revenue of ₹340 crore in Q2 FY27. The figure is up 45% year-on-year and 25% quarter-on-quarter, driven by record re-bar production. Provisional revenue reached about ₹340 crore for the quarter ended September 2026. Growth came from the highest-ever quarterly re-bar output of 69,617 metric tonnes. Higher production supports better capacity utilisation at the rolling mills. The key numbers are ₹340 crore revenue, 45% YoY growth and 25% QoQ growth on record re-bar volumes. This points to operational improvement for the company. Peers such as JSW Steel, Tata Steel and SAIL may see limited direct impact as the focus is on mid-sized re-bar producers. Near-term prices could react to the volume-led growth. Risks include steel price volatility and demand slowdown. Competitors listed: JSW Steel, Tata Steel, SAIL. We have no financial interest in this news.