Gadchiroli pitched as Maharashtra’s future green steel hub India set to drive next global steel demand wave Italy crude steel output rises 3.1% in May Green steel progress remains slow worldwide
Scan Steels reported a strong performance for the March 2026 quarter, with consolidated net profit rising 65.61% to ₹7.85 crore, compared with ₹4.74 crore in the same quarter last year. The company’s quarterly sales also improved 16.78% to ₹281.66 crore, against ₹241.19 crore in the March 2025 quarter, reflecting better revenue momentum and stronger operational performance.
For the full financial year ended March 2026, Scan Steels posted a modest 1.66% rise in net profit to ₹22.01 crore, while annual sales increased 6.22% to ₹838.26 crore. The results indicate steady demand and improved quarterly profitability, giving a positive signal for the company’s performance in the steel sector.
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