1. Un-audited Standalone and Consolidated Financial Results of the Company for the quarter ended June 30, 2026, along with the Limited Review Report of the Auditors thereon;
2. Re-appointment ....
RESULTS
▲ Positive Development
LOW RISK
📅 Filed on BSE: 28 Jul 2026, 05:35 PM IST · BSE ID: c93c9587-b8e0-4ce8-ad9f-5b96f0dfd9f5
View Original BSE Filing (PDF)
💡
In Simple Terms
Scan Steels' profits significantly increased in the latest quarter, and the company also re-appointed its internal and cost auditors.
🤖 AI Summary
- Scan Steels Ltd. reported Standalone Net Profit of Rs. 1,295.51 Lacs for Q1 FY27, an 87.38% year-over-year increase.
- Standalone revenue from operations for the quarter ended June 30, 2026, was Rs. 25,778.84 Lacs.
- Consolidated Net Profit for Q1 FY27 stood at Rs. 1,324.99 Lacs, representing a 68.87% year-over-year growth.
- The Board approved re-appointment of M/s. P.A. & Associates as Internal Auditor for FY2026-2027.
- M/s. Ray Nayak and Associates were re-appointed as Cost Auditor for the financial year 2026-2027.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Standalone Revenue from operations Q1 FY27
Rs. 25,778.84 Lacs
Standalone Net Profit for the period Q1 FY27
Rs. 1,295.51 Lacs
87.38%
Consolidated Revenue from operations Q1 FY27
Rs. 25,778.84 Lacs
Consolidated Net Profit for the period Q1 FY27
Rs. 1,324.99 Lacs
68.87%
Standalone Basic EPS Q1 FY27
Rs. 2.13
Consolidated Basic EPS Q1 FY27
Rs. 2.18
🏢 How This Affects the Company
The increased revenue from operations indicates sustained business activity in the steel manufacturing segment, which is the company's sole operating segment.
Higher net profit margins for the quarter contribute to improved profitability and earnings per share, reflecting enhanced financial performance.
The re-appointment of Internal and Cost Auditors confirms continuity in financial oversight and compliance processes for the upcoming financial year.
The limited review by statutory auditors on financial results provides a level of assurance regarding the accuracy of the reported financial data.
👥 What This Means For Shareholders
✅
Action Required
No action is required from shareholders based on this financial results and auditor re-appointment filing.
👤
Who Is Affected
All shareholders are affected by the improved financial performance, as reflected in the higher Basic EPS of Rs. 2.13 Standalone and Rs. 2.18 Consolidated for Q1 FY27.
🔍
Management Signal
The re-appointment of internal and cost auditors signals management's intent to maintain robust financial governance and compliance frameworks.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q2 FY27 financial results — monitor growth in revenue and net profit.
Any updates on associate company performance or new investments.
Auditors' reports for FY2026-2027 to confirm compliance.
LOW RISK
The filing reports strong financial results and routine auditor re-appointments, indicating stable operations.
💡 Investor Takeaway
Scan Steels Ltd. reported Q1 FY27 Standalone Net Profit of Rs. 1,295.51 Lacs, an 87.38% increase over Q1 FY26. Consolidated Net Profit rose 68.87% year-over-year to Rs. 1,324.99 Lacs, indicating strong quarterly performance.
⚖️ Strengths & Concerns
✅ Positives
- Standalone Net Profit for Q1 FY27 increased by 87.38% year-over-year to Rs. 1,295.51 Lacs from Rs. 691.37 Lacs in Q1 FY26.
- Consolidated Net Profit for Q1 FY27 grew by 68.87% year-over-year to Rs. 1,324.99 Lacs from Rs. 784.67 Lacs in Q1 FY26.
📅 Company Track Record
Scan Steels Ltd. reported Q1 FY27 PAT up 29% YoY to Rs. 130 Million on 11% revenue growth in a July 28, 2026 press release. Its Q4 FY26 PAT was Rs. 78 Mn, a 65% YoY increase, with FY26 operating cash flow up 5x.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Scan Steels Ltd.'s Standalone Net Profit for Q1 FY27?
Scan Steels Ltd. reported a Standalone Net Profit of Rs. 1,295.51 Lacs for the quarter ended June 30, 2026, marking an 87.38% increase compared to Q1 FY26.
What was Scan Steels Ltd.'s Consolidated Net Profit for Q1 FY27?
Scan Steels Ltd.'s Consolidated Net Profit for Q1 FY27 was Rs. 1,324.99 Lacs, which is a 68.87% increase from the previous year's corresponding quarter.
What was Scan Steels Ltd.'s Standalone revenue from operations in Q1 FY27?
Scan Steels Ltd.'s Standalone revenue from operations for the quarter ended June 30, 2026, was Rs. 25,778.84 Lacs.
Which auditors were re-appointed by Scan Steels Ltd. for FY2026-2027?
M/s. P.A. & Associates (FRN: 313085E) were re-appointed as Internal Auditor, and M/s. Ray Nayak and Associates (FRN: 000241) were re-appointed as Cost Auditor for FY2026-2027.
Questions based on this BSE filing only. For information purposes.