🚀 Steel Exchange India Gains Key Approval for ₹65,000 Cr Amaravati Project | FY26 Results Revealed | MCap 1,390.65 Cr
- SEIL’s SIMHADRI TMT rebars (Fe550, Fe500D, Fe550D, Fe550D CRS grades) approved for ₹65,000 Cr Amaravati Capital City project.
- Boosts vendor positioning in Andhra Pradesh’s infrastructure growth.
- FY26 Financials: Total Income ₹1,066.42 Cr, EBITDA ₹138.03 Cr, Net Profit ₹26.99 Cr.
- Integrated Vizianagaram plant produces sponge iron, billets, and TMT rebars under SIMHADRI brand.
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