19 Mar '25|4:02 PM
The said expansion can potentially save up to Rs 3000/ per ton of 8 millimeter (mm) and 10 mm sizes produced which were getting processed outside till now.
Steel Exchange India is primarily engaged in the manufacturing of TMT bars, apart from billets, ingots, and power generation. The company also deals in the sale and purchase of steel products through its trading division and is recognized as one of the largest dealers for Rashtriya Ispat Nigam.
The company's consolidated net profit stood at Rs 15.86 crore in Q3 FY25, steeply higher than Rs 0.21 crore posted in Q3 FY24. Net sales jumped 27.8% YoY to Rs 327.51 crore in Q3 FY25.
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