Sales volume rises to 28,372 MT; Q1 FY27 revenue exceeds ₹193 Cr

New Delhi : Rathi Steel And Power Limited (“RSPL” or “the Company”), (BSE –504903), One of the leading players in stainless steel long products and TMT bars, has reported a strong operational performance for the first quarter ended June 30, 2026, supported by robust sales volume growth and higher turnover.

The Company recorded total sales volumes of 28,372 MT in Q1 FY27, compared to 21,864 MT in Q1 FY26, representing a strong year-on-year growth of about 30%. Revenue for the quarter exceeded ₹193 Cr, reflecting growth of more than 24% year-on-year compared to the corresponding quarter of the previous financial year.

The performance was supported by the Company’s diversified product portfolio across Stainless Steel (S.S.) products and MS TMT rebars, along with continued efforts to expand its market reach. This balanced approach enabled the Company to strengthen volumes and turnover while navigating challenging market conditions.

TMT Rebar Segment Drives Volume Growth

The TMT rebar segment was a key contributor to the Company’s performance during the quarter, with sales volumes more than doubling from 8,295 MT in the corresponding quarter of the previous financial year to 18,677 MT in Q1 FY27.

The strong scale-up in TMT rebar sales, strengthened the Company’s overall product mix and provided greater flexibility to respond to varying demand conditions across segments.

Resilient Performance Amid Market Volatility

The Company delivered this growth despite an operating environment marked by adverse geopolitical conditions, volatile energy costs and fluctuating demand momentum. Its focus on optimising the product mix and expanding its market footprint helped mitigate the impact of elevated energy costs and softer demand in select sectors.

Going forward, the Company remains focused on leveraging its diversified capabilities to capitalise on emerging opportunities, while maintaining a disciplined approach to cost management amid an evolving global operating environment.

* The quantitative volume figures mentioned do not include miscellaneous items.