Steel Exchange India jumps after increasing production capacity at Andhra Pradesh plant
19 - Mar - 2025 12:00 | 12 days ago
The billet production mill capacity has been increased by 44.8% to 3,62,000 tons per annum (TPA), up from the existing capacity of 2,50,000 tons per annum (TPA). Meanwhile, the Rolling Bar mill capacity has increased by 58.67%, from the existing capacity of 2,25,000 TPA to 3,57,000 TPA.
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.
Steel Exchange India standalone net profit rises 7452.38% in the December 2024 quarter
25 - Jan - 2025 12:00 | 65 days ago
Net profit of Steel Exchange India rose 7452.38% to Rs 15.86 crore in the quarter ended December 2024 as against Rs 0.21 crore during the previous quarter ended December 2023. Sales rose 27.77% to Rs 327.51 crore in the quarter ended December 2024 as against Rs 256.32 crore during the previous quarter ended December 2023.
Steel Exchange India standalone net profit rises 7452.38% in the December 2024 quarter
25 - Jan - 2025 12:00 | 65 days ago
Net profit of Steel Exchange India rose 7452.38% to Rs 15.86 crore in the quarter ended December 2024 as against Rs 0.21 crore during the previous quarter ended December 2023. Sales rose 27.77% to Rs 327.51 crore in the quarter ended December 2024 as against Rs 256.32 crore during the previous quarter ended December 2023.
Steel Exchange India jumps after increasing production capacity at Andhra Pradesh plant
19 - Mar - 2025 12:00 | 12 days ago
The billet production mill capacity has been increased by 44.8% to 3,62,000 tons per annum (TPA), up from the existing capacity of 2,50,000 tons per annum (TPA). Meanwhile, the Rolling Bar mill capacity has increased by 58.67%, from the existing capacity of 2,25,000 TPA to 3,57,000 TPA.
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.
Steel Exchange India standalone net profit rises 7452.38% in the December 2024 quarter
25 - Jan - 2025 12:00 | 65 days ago
Net profit of Steel Exchange India rose 7452.38% to Rs 15.86 crore in the quarter ended December 2024 as against Rs 0.21 crore during the previous quarter ended December 2023. Sales rose 27.77% to Rs 327.51 crore in the quarter ended December 2024 as against Rs 256.32 crore during the previous quarter ended December 2023.
Steel Exchange India jumps after increasing production capacity at Andhra Pradesh plant
19 - Mar - 2025 12:00 | 12 days ago
The billet production mill capacity has been increased by 44.8% to 3,62,000 tons per annum (TPA), up from the existing capacity of 2,50,000 tons per annum (TPA). Meanwhile, the Rolling Bar mill capacity has increased by 58.67%, from the existing capacity of 2,25,000 TPA to 3,57,000 TPA.
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.
Steel Exchange India standalone net profit rises 7452.38% in the December 2024 quarter
25 - Jan - 2025 12:00 | 65 days ago
Net profit of Steel Exchange India rose 7452.38% to Rs 15.86 crore in the quarter ended December 2024 as against Rs 0.21 crore during the previous quarter ended December 2023. Sales rose 27.77% to Rs 327.51 crore in the quarter ended December 2024 as against Rs 256.32 crore during the previous quarter ended December 2023.
Steel Exchange India standalone net profit rises 7452.38% in the December 2024 quarter
25 - Jan - 2025 12:00 | 65 days ago
Net profit of Steel Exchange India rose 7452.38% to Rs 15.86 crore in the quarter ended December 2024 as against Rs 0.21 crore during the previous quarter ended December 2023. Sales rose 27.77% to Rs 327.51 crore in the quarter ended December 2024 as against Rs 256.32 crore during the previous quarter ended December 2023.
