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Bajaj Steel Industries held its 65th Annual General Meeting on September 23, 2026. Shareholders adopted financial statements, approved a Rs. 1 per share dividend, and re-appointed directors.
CRISIL Ratings has reaffirmed the 'CRISIL A/Stable' and 'CRISIL A1' ratings on the company's bank facilities. The total bank loan facilities rated amount to ₹194 Crore.
Q1FY27 revenue grew 11.9% YoY to Rs 120.4 Cr, but margins faced sharp pressure from high raw material costs. Company is diversifying into Infrastructure and Heavy Engineering.
Bajaj Steel Industries Ltd reported revenue from operations of ₹120.4 Cr (+12.0% YoY) and a net loss of ₹0.3 Cr for Q1 FY27.