Steel Exchange India Q1FY26 profit surges 296% YoY to ₹10.23 cr
Steel Exchange India Ltd (SEIL) reported strong Q1FY26 results, with total income rising 15% YoY to ₹304.95 crore. EBITDA grew 33% to ₹36.35 crore, while net profit surged 296% to ₹10.23 crore. The company manufactures TMT rebars under the ‘SIMHADRI TMT’ brand and is expanding into specialty steels under the PLI scheme.