Financial Performance Highlights
Company achieved record financial performance with revenue at ₹7,132 Cr (up 19% YoY), EBITDA at ₹1,341 Cr (up 41%), and PAT at ₹463 Cr (up 311%) - the highest ever. Profit Before Tax reached ₹603 Cr (485% growth YoY) with EPS of ₹4.77 (vs ₹1.16 previous year). Tangible net worth grew 20% to ₹2,776 Cr while secured debt reduced 22% to ₹2,118 Cr.
Operational Excellence
Steel sales reached 723,744 MT (28% growth over previous best) with significant production achievements across blast furnace (857,600 MT), steel melt shops (742,274 MT), and pellet plant (1,369,506 MT). Capacity enhancements included blast furnace capacity increase from 0.75 MnTPA to 1.00 MnTPA and Chhotedongar Iron Ore Mine capacity expansion from 2.95 MnTPA to 6.00 MnTPA.
ESG and Sustainability Performance
The company disclosed comprehensive ESG metrics including zero corruption cases and 100% recycled material usage for key inputs. Implemented Zero Liquid Discharge across manufacturing facilities with freshwater consumption reduction of 5.21% and renewable electricity share of 4.35%. CSR expenditure of ₹11.59 Cr benefited 409,000+ individuals focusing on environmental sustainability, rural development, healthcare, and education.
Safety and Workforce Statistics
Maintained robust safety systems with Lost Time Injury Frequency Rate improvement for employees (0.73 from 2.29) and workers (2.09 from 3.40). Total workforce of 10,015 achieved 93% employee retention rate with 57,000+ training man-hours. Training coverage on health & safety improved to 87.89% from 59.35%.
AGM and Corporate Governance
53rd AGM scheduled for September 12, 2026 through Video Conference/OAVM only. E-voting available through NSDL from September 9-11, 2026 with cutoff date of September 5, 2026. Shareholders to vote on reappointing Chaturvedi & Shah LLP as statutory auditors for a second five-year term until 2031 and ratifying remuneration of ₹1.75 lakh for cost auditors.
Legal and Regulatory Matters
Enforcement Directorate had attached properties worth ₹30,758.39 lakhs, but Appellate Authority set aside attachment orders. Special CBI Court discharged company from Prevention of Money Laundering Act charges. Multiple tax disputes ongoing with total disputed amount of ₹20,872.43 lakhs.
Future Initiatives
Proposed 1.50 MnTPA Straight-Grate Pellet Plant and planned procurement of 104 MW solar power under group captive model. Preferential issue of share warrants aggregating ₹200 Cr approved to support growth initiatives.
Digital Transformation and Awards
Implemented SAP S/4HANA across all divisions with cloud migration and AI-enabled compliance platforms. Received Great Place to Work certification for 5th consecutive year, JIPM TPM Excellence Award, and ISEI Excellence Award 2025 for safety excellence.