Scan Steels Reports Lower Revenue and Profit in Q1 FY2026 Amid Trading Suspension
Scan Steels Limited reported a decline in financial performance for Q1 FY2026. Total income decreased to ₹232.05 crore from ₹235.94 crore in Q1 FY2025. Net profit fell to ₹10.04 crore from ₹14.56 crore, and EBITDA dropped to ₹13.43 crore from ₹18.63 crore. The company received an NCLAT order regarding public shareholding increase and is processing a listing application with BSE Limited. Trading of Scan Steels' equity shares remains suspended due to procedural reasons.