Steel Exchange India Limited has announced a significant update on its debt reduction, successfully repaying approximately ₹28 Crores over the last two quarters, from October 2025 to March 2026. This repayment includes ₹21.43 crores towards term loans and ₹7.09 crores towards Non-Convertible Debentures (NCDs), which were availed in September 2025 to support operational and growth initiatives. The company attributes this progress to its improving cash flow generation, prudent capital allocation, and focus on enhancing financial resilience. Management stated that the ongoing deleveraging efforts are expected to reduce finance costs and provide greater flexibility for pursuing growth opportunities in a capital-efficient manner. Commenting on the update, the management of Steel Exchange India Limited said, “Our focused approach towards debt reduction reflects the strength of our operations and our commitment to building a robust and sustainable financial profile. We will continue to prioritize disciplined capital allocation while driving growth across our core business segments.” For FY25, the company reported Total Income of ₹1,163.37 Cr, EBITDA of ₹143.60 Cr, and Net Profit of ₹25.93 Cr.
