1. Un-audited Standalone & Consolidated Financial results of the Company for the quarter ended June 30, 2026;
2. Re-appointment of Internal Auditor;
3. Re-appointment of Cost Auditor.
RESULTS
▲ Positive Development
LOW RISK
📅 Filed on BSE: 28 Jul 2026, 06:18 PM IST · BSE ID: 51c7bd27-adc2-4da4-8489-e7b29054dac6
View Original BSE Filing (PDF)
💡
In Simple Terms
Scan Steels announced its latest quarterly financial results, showing increased profit and sales, and confirmed auditors for the next year.
🤖 AI Summary
- Scan Steels approved unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026.
- Standalone Net Profit After Tax for Q1 FY27 was Rs. 1,295.51 Lacs, compared to Rs. 1,004.11 Lacs in Q1 FY26.
- Standalone Revenue from Operations for Q1 FY27 totaled Rs. 25,778.84 Lacs, up from Rs. 23,200.08 Lacs in Q1 FY26.
- The Board re-appointed M/s. P.A. & Associates as Internal Auditor for the financial year 2026-2027.
- 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 After Tax Q1 FY27
Rs. 1,295.51 Lacs
Consolidated Revenue from operations Q1 FY27
Rs. 25,778.84 Lacs
Consolidated Net Profit After Tax Q1 FY27
Rs. 1,324.99 Lacs
Standalone Basic EPS Q1 FY27
Rs. 2.13
Consolidated Basic EPS Q1 FY27
Rs. 2.18
🏢 How This Affects the Company
The increase in revenue from operations suggests continued demand for the company's steel manufacturing products, reinforcing its market presence.
Higher Net Profit After Tax and Revenue from Operations indicate improved financial performance for the quarter, impacting earnings.
Re-appointment of Internal and Cost Auditors ensures continuity in financial oversight and compliance processes for the company's operations.
The re-appointments of auditors maintain established governance and financial review mechanisms, not introducing new risks from this filing.
👥 What This Means For Shareholders
✅
Action Required
No action is required from shareholders based on this filing.
👤
Who Is Affected
All shareholders are affected by the company's financial performance, as reflected by the increased Net Profit After Tax for the quarter.
🔍
Management Signal
The re-appointments of auditors signal management's commitment to maintaining established financial oversight and compliance practices.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q2 FY27 financial results — check for sustained revenue and profit growth.
Any updates on the new associate company's commercial operations.
Future disclosures regarding audit reports or auditor changes.
LOW RISK
The filing reports positive financial results and routine auditor re-appointments, indicating stable operations.
💡 Investor Takeaway
Scan Steels Ltd reported Standalone Net Profit After Tax of Rs. 1,295.51 Lacs for Q1 FY27, up from Rs. 1,004.11 Lacs in Q1 FY26. Standalone Revenue from Operations reached Rs. 25,778.84 Lacs, compared to Rs. 23,200.08 Lacs in the prior comparable quarter.
⚖️ Strengths & Concerns
✅ Positives
- Standalone Net Profit After Tax increased to Rs. 1,295.51 Lacs in Q1 FY27 from Rs. 1,004.11 Lacs in Q1 FY26.
- Standalone Revenue from Operations grew to Rs. 25,778.84 Lacs in Q1 FY27 from Rs. 23,200.08 Lacs in Q1 FY26.
⚠️ Concerns
- Standalone Other Income decreased significantly to Rs. 26.20 Lacs in Q1 FY27 from Rs. 151.79 Lacs in Q4 FY26.
- Consolidated Share of Profit/(Loss) of Associates decreased to Rs. 29.48 Lacs in Q1 FY27 from Rs. 93.30 Lacs in Q4 FY26.
📅 Company Track Record
Scan Steels reported Q1 FY27 Standalone PAT of Rs. 1,295.51 Lacs, marking a 29.02% increase YoY compared to Rs. 1,004.11 Lacs in Q1 FY26. Q1 FY27 revenue growth was 11% YoY. Earlier, 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 were Scan Steels' Standalone Net Profit and Revenue for Q1 FY27?
Scan Steels reported Standalone Net Profit After Tax of Rs. 1,295.51 Lacs and Standalone Revenue from Operations of Rs. 25,778.84 Lacs for the quarter ended June 30, 2026.
What were Scan Steels' Consolidated Net Profit and Revenue for Q1 FY27?
Scan Steels reported Consolidated Net Profit After Tax of Rs. 1,324.99 Lacs and Consolidated Revenue from Operations of Rs. 25,778.84 Lacs for the quarter ended June 30, 2026.
Who were re-appointed as Internal and Cost Auditors for Scan Steels for FY27?
M/s. P.A. & Associates, Chartered Accountants, were re-appointed as Internal Auditor, and M/s. Ray Nayak and Associates, Cost Accountants, were re-appointed as Cost Auditor for FY2026-2027.
What was the Standalone Basic EPS for Scan Steels in Q1 FY27?
The Standalone Basic EPS for Scan Steels for the quarter ended June 30, 2026, was Rs. 2.13.
Questions based on this BSE filing only. For information purposes.