Scan Steel Reports Q1 FY27 Results: Consolidated Net Profit Surges 32% YoY to ₹13.25 Crore

Steel manufacturing enterprise Scan Steel Limited has announced its standalone and consolidated financial results for the first quarter ended June 30, 2026 (Q1 FY27). Driven by sustained top-line revenue expansion and strong operational execution, the company recorded double-digit year-on-year (YoY) profit growth across both standalone and consolidated operations.

Key Financial Highlights (Q1 FY27 vs Q1 FY26 & Q4 FY26)

All monetary values are expressed in ₹ lakhs unless specified otherwise.

                 CONSOLIDATED FINANCIAL SUMMARY

   Revenue from Operations       Profit Before Tax (PBT)     Net Profit After Tax (PAT)
   -----------------------       -----------------------     --------------------------
   Q1 FY27:  ₹25,778.84          Q1 FY27: ₹1,731.18          Q1 FY27: ₹1,324.99
   Q4 FY26:  ₹28,166.07          Q4 FY26:   ₹930.80          Q4 FY26:   ₹784.67
   Q1 FY26:  ₹23,200.08          Q1 FY26: ₹1,342.85          Q1 FY26: ₹1,049.75

Consolidated Financial Performance

Top-Line Expansion

Revenue from Operations: Stood at ₹25,778.84 lakh in Q1 FY27, reflecting an 11.12% YoY increase compared to ₹23,200.08 lakh in Q1 FY26.

Other Income: Recorded at ₹26.20 lakh for the quarter (up from ₹5.15 lakh in Q1 FY26).

Total Income: Reached ₹25,805.04 lakh, registering an 11.20% YoY growth over ₹23,205.23 lakh in the year-ago period.

Expenditure Overview

Total consolidated expenses for the quarter came in at ₹24,073.86 lakh, compared to ₹21,862.39 lakh in Q1 FY26 and ₹27,387.06 lakh in Q4 FY26. Key cost items included:

Cost of Materials Consumed: ₹17,213.57 lakh (vs. ₹15,718.60 lakh in Q1 FY26)

Purchases of Stock in Trade: ₹3,988.38 lakh (vs. ₹3,225.24 lakh in Q1 FY26)

Other Expenses: ₹3,798.41 lakh (vs. ₹4,118.52 lakh in Q1 FY26), primarily driven by power and fuel expenses of ₹2,290.15 lakh and store consumption of ₹831.50 lakh

Employee Benefits Expense: ₹906.28 lakh (vs. ₹928.95 lakh in Q1 FY26)

Depreciation & Amortisation: ₹391.58 lakh

Finance Costs: ₹245.13 lakh

Changes in Inventories: (₹2,469.49 lakh)

Profitability & Tax Metrics

Profit Before Tax (PBT): Expanded 28.92% YoY to ₹1,731.18 lakh, up from ₹1,342.85 lakh in Q1 FY26 and surging 85.99% sequentially over ₹930.80 lakh in Q4 FY26.

Tax Expenses: Total tax expenses stood at ₹435.67 lakh (comprising current tax of ₹457.03 lakh and a deferred tax credit of ₹21.36 lakh).

Share of Profit from Associates: Contributed ₹20.48 lakh to total net profit.

Net Profit After Tax (PAT): Reached ₹1,324.99 lakh, marking a 26.22% YoY surge over ₹1,049.75 lakh in Q1 FY26 and a 68.86% sequential rise from ₹784.67 lakh in Q4 FY26.

Total Comprehensive Income: Came in at ₹1,324.48 lakh after adjusting for other comprehensive loss of ₹0.51 lakh.

Consolidated EPS: Basic and diluted EPS improved to ₹2.18 per share (face value ₹10/- each), up from ₹1.79 in Q1 FY26 and ₹1.34 in Q4 FY26.

Standalone Financial Performance

Scan Steel's standalone business delivered stable growth:

Revenue from Operations: Matched consolidated operations at ₹25,778.84 lakh (up 11.12% YoY).

Profit Before Tax (PBT): Increased 28.92% YoY and 85.99% sequentially to ₹1,731.18 lakh.

Net Profit After Tax (PAT): Grew 29.02% YoY to ₹1,295.51 lakh (compared to ₹1,004.11 lakh in Q1 FY26 and ₹691.37 lakh in Q4 FY26).

Total Comprehensive Income: Stood at ₹1,295.00 lakh.

Standalone EPS: Rose to ₹2.13 per share for Q1 FY27, compared to ₹1.71 in Q1 FY26 and ₹1.18 in Q4 FY26.

Capital Base & Shareholding

Paid-Up Equity Share Capital: Expanded to ₹6,074.65 lakh (Face Value ₹10/- per share), up from ₹5,860.23 lakh in prior quarters.

Reserves (excluding Revaluation Reserves): Stood at ₹38,808.77 lakh on a consolidated basis (₹38,050.91 lakh standalone as of March 31, 2026).

Shares of Scan Steels Limited was last trading in BSE at Rs. 60.43 as compared to the previous close of Rs. 59.12. The total number of shares traded during the day was 110438 in over 1335 trades.

The stock hit an intraday high of Rs. 62.72 and intraday low of 58.00. The net turnover during the day was Rs. 6693679.00.

Source : Equity Bulls

Keywords

ScanSteels INE099G01011 Q1FY27 Q1FY2027 ResultUpdate