Rathi Steel and Power Limited operates a 12.5-acre Ghaziabad unit with 85,000-tonne steel melting and 2,00,000-tonne rolling capacity. The company received approval on November 12 to resume commercial operations at its Ghaziabad Steel Melting Shop following an order from the Commission of Air Quality Management (CAQM). It reported ₹156.23 crore revenue and ₹1.63 crore PAT in Q2FY26.