Steel Exchange India Limited announced its unaudited standalone financial results for the quarter ended December 31, 2025, following a Board Meeting held on February 14, 2026. For the quarter ended December 31, 2025, the company reported a total revenue of ₹2,458.20 Million, representing a 5.54% increase compared to ₹2,329.10 Million in the previous quarter (QoQ). However, this reflects a 4.47% decrease compared to the corresponding quarter of the previous year (YoY), which stood at ₹2,573.20 Million. The company posted a Profit After Tax (PAT) of ₹18.50 Million for the current quarter, a significant turnaround from the ₹21.10 Million profit in the previous quarter, though it shows a growth of 12.80% over the ₹16.40 Million profit recorded in the same quarter last year.
| Metric | Q3 FY26 (Current) | Q2 FY26 (Prev) | Q3 FY25 (Last Year) | % Change (QoQ) | % Change (YoY) |
| Revenue | ₹2,458.20 M | ₹2,329.10 M | ₹2,573.20 M | 5.54% | -4.47% |
| Profit (PAT) | ₹18.50 M | ₹21.10 M | ₹16.40 M | -12.32% | 12.80% |
Steel Exchange India Limited (SEIL), the flagship company of the Vizag Profiles Group, is a prominent player in the iron and steel industry, specializing in the manufacture of TMT bars under the “Simhadri TMT” brand, sponge iron, and billets. Headquartered in Visakhapatnam, the company operates an integrated steel plant and is also involved in power generation from waste heat. In 2025, the company achieved significant strategic milestones, including securing a ₹210 crore conversion contract from Rashtriya Ispat Nigam Limited (RINL) and receiving GreenPro certification for its TMT products. Additionally, SEIL expanded its footprint by incorporating a wholly-owned subsidiary, SEIL Infra Logistics Ltd, to focus on infrastructure and logistics opportunities. The company’s shareholding pattern as of December 2025 shows major promoter holdings by Umashiv Garments Private Ltd and Vizag Profiles Private Limited, while its financial health was bolstered by a credit rating upgrade to IVR BBB-/Stable at the end of the year.
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