Rathi Steel And Power Ltd. records 63.5 percent YOY growth in Q4 FY26 revenue, Annual Revenue surpasses Rs. 715 Crores
New Delhi [India], April 02: Rathi Steel And Power Limited (BSE –504903), One of the leading players in stainless steel long products and TMT bars, has recorded revenue of ₹...
New Delhi [India], April 02: Rathi Steel And Power Limited (BSE –504903), One of the leading players in stainless steel long products and TMT bars, has recorded revenue of ₹ 244.8 Crores (approx.) for Q4 FY 26, while also reporting revenue of ₹716.7Crores (approx.) for FY26 as against ₹ 505.43 Cr in FY25, reflecting a growth of 41.8% YoY. Robust revenue for Q4 demonstrates operational resilience, considering the challenges posed by the current geopolitical developments impacting fuel costs, global trade and other macro-economic factors.
Company is uniquely positioned in the stainless-steel wire rod space, with the only Indian company to be direct charging capabilities for rolling stainless steel wire rod, wherein Hot stainless-steel billet is directly fed into the wire rod rolling mill, thereby minimising fuel consumption for reheating purposes. This capability is all the more relevant during current times, when fuel prices across the board are rapidly rising on account of the energy disruptions due to the Iran war.