Scan Steels announced its financial results for the quarter.

Standalone revenue reached Rs 232.00 Cr, with a net profit of Rs 10.04 Cr.

Consolidated net profit was Rs 10.50 Cr on comparable revenue.

The board also underwent significant restructuring: three independent directors resigned, and three new independent directors were appointed, awaiting shareholder approval.

Furthermore, the Whole-time Director was re-appointed for three years, pending shareholder nod.

These governance updates are vital for investors.