Mumbai, July 20 -- Revenue from operations declined 10.09% YoY to Rs 269.71 crore during the quarter.

On a sequential basis, consolidated net profit increased 21.50%, while revenue from operations fell 6.13% compared with the preceding quarter.

Total expenses declined 13.24% YoY to Rs 255.68 crore in Q1 FY27 from Rs 294.72 crore in Q1 FY26. Raw material consumption increased 3.31% to Rs 202.51 crore, while employee benefits expense declined 8.54% to Rs 11.89 crore during the quarter.

Profit before tax (PBT) rose 46.9% YoY to Rs 15.03 crore in Q1 FY27 from Rs 10.23 crore in the year-ago period.

Steel Exchange India is primarily engaged in the manufacturing of TMT bars, apart from billets, ingots, and power generation. The company also ...