Bajaj Steel Plans ₹300-350 Cr Expansion Amid Q1 Revenue Dip 2 days ago
Bajaj Steel Industries Limited plans to invest ₹300-350 crore over 2-3 years for expansion in Pre-Engineered Buildings, Heavy Engineering, Electrical Panels, and niche industrial products. Q1 results show revenue decline to ₹107.53 crore from ₹141.01 crore year-over-year, with net profit falling to ₹7.40 crore. However, Infrastructure, Electric Panels, and Heavy Engineering segments saw growth. The company maintains a strong order book of ₹563 crore and has made strategic developments including partnerships and new product launches.
Bajaj Steel Industries Reports Mixed Q1 Results Amid Expansion Plans 2 days ago
Bajaj Steel Industries Reports Q1 Revenue Decline Amid Cotton Processing Machinery Delays 2 days ago
Bajaj Steel Industries Appoints New Director and Reports Strong Q1 Performance 3 days ago
Bajaj Steel Industries Secures Major Export Order Worth ₹43.00 Crore
Bajaj Steel Industries Limited has received an export order worth ₹43.00 crore (USD 5.03 million) for cotton ginning and processing machinery. The order includes design, manufacturing, supply, installation supervision, and commissioning, along with spare parts, electrical panels, and pre-fabricated structural building. The project is set to be executed over the next 6 to 9 months, signaling a boost to the company's international presence and potential revenue growth.