Beekay Steel Industries Limited , a prominent player in the steel and allied products manufacturing sector, has announced its unaudited financial results for the quarter and half-year ended September 30, 2025, along with key board appointments.

Financial Performance

The company reported a robust financial performance for the half-year period:

This strong profit performance demonstrates the company's resilience and operational efficiency in the challenging steel industry landscape.

Revenue and Operations

For the quarter ended September 30, 2025, Beekay Steel Industries reported:

The company's primary business activities include manufacturing of steel and allied products such as sponge iron, TMT and long products, specialty alloys, and power generation.

Board Appointments

The Board of Directors has approved two key appointments, subject to shareholder approval through postal ballot:

1. Mr. Lokanath Sahu (DIN: 11376365) has been appointed as Whole Time Director (Operation) for a term of 5 years, effective from November 12, 2025. Mr. Sahu brings over 22 years of professional experience in DRI operations within integrated iron and steel plants.

2. Mr. Binod Kumar Tulsyan (DIN: 09025810) has been appointed as an Independent Director for a 5-year term, also effective from November 12, 2025. Mr. Tulsyan, a B.Com graduate from Calcutta University, has extensive experience in purchase management and marketing, along with a background in trading and broking of yarn and fabrics.

Financial Position

As of September 30, 2025, the company's consolidated financial position shows:

Beekay Steel Industries continues to navigate the dynamic steel industry landscape, leveraging its diverse product portfolio and operational expertise. The company's focus on steel and allied products manufacturing, including specialty alloys and power generation, positions it well in the market.

Beekay Steel Industries Ltd has officially commenced commercial production at its new manufacturing facility in Cuttack, Odisha, marking a significant expansion of its operational capacity. The company made this announcement in a regulatory filing to the Bombay Stock Exchange (BSE) on September 8, 2025.

New Facility Details

The new manufacturing unit, referred to as the "Cuttack Unit," is located at Rampei, P.O.- Khuntuni, Athagarh, Dist - Cuttack - 754029, Odisha. This facility represents a strategic move by Beekay Steel to strengthen its presence in the eastern region of India.

Production Divisions

The Cuttack Unit operates across four key divisions, each catering to different aspects of steel production:

Significance of the Expansion

This expansion is a result of Beekay Steel's acquisition of assets from Maheshwari Ispat Ltd at Khuntuni, Dist Cuttack, Odisha. The commencement of commercial production at this new facility is expected to significantly boost the company's production capabilities and market presence in the domestic steel sector.

Market Impact

The addition of this new manufacturing facility, with its diverse product range and substantial production capacities, positions Beekay Steel to better serve the growing demand in the domestic steel market. The company's ability to produce billets, TMT bars, and ferro alloys, along with its own power generation capacity, indicates a move towards vertical integration and potentially improved operational efficiency.

Beekay Steel Industries Ltd, an ISO 9001:2015 certified organization, continues to expand its footprint with works now operational in Jamshedpur, Vishakapatnam, Chennai, and the newly added Cuttack unit. This latest development underscores the company's commitment to growth and its strategic vision in the steel industry.

Investors and stakeholders will likely be watching closely to see how this new facility impacts Beekay Steel's market position and financial performance in the coming quarters.