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Scan Steels Ltd disclosed CRISIL's assignment/reaffirmation of ratings on its bank loan facilities: long-term CRISIL BBB+/Stable and short-term CRISIL A2 on Rs.238 Crore. The rating letter is enclosed with the filing.
Scan Steels reported H1 FY27 revenue of Rs.4,282 Mn, up 17% YoY, and PAT of Rs.275 Mn, up 181%. Q2 EBITDA rose 143% YoY to Rs.138 Mn.
Scan Steels Ltd reported revenue from operations of ₹170.4 Cr (+28.1% YoY) and net profit of ₹14.9 Cr (+7350.0% YoY) for Q2 FY27.
Scan Steels will hold a board meeting on 5 November 2026 to consider unaudited quarterly and half-year results. Trading window stays closed until 48 hours after declaration.
Scan Steels Ltd clarified that the Escrow Payment Mechanism requirement does not apply to the Company. It stated the firm has issued no instruments triggering the SEBI regulation.