Beekay Steel Industries appoints new directors, reports strong financials

Beekay Steel Industries Ltd. announced on November 12, 2025, the appointment of Lokanath Sahu as senior general manager-projects & operations, and additional director and whole time director (operation) for five years. Concurrently, Binod Kumar Tulsyan was appointed as an additional director (independent) for a five-year term. These appointments are subject to shareholder approval.

The company also reported its unaudited financial results for the quarter and half-year ended September 30, 2025. Standalone net profit for the half-year stood at ₹ 4,228.20 lakhs, with total comprehensive income also at ₹ 4,228.20 lakhs. Consolidated net profit for the half-year reached ₹ 4,208.21 lakhs, with total comprehensive income at ₹ 4,279.59 lakhs.

Both standalone and consolidated cash and cash equivalents significantly increased, with standalone closing cash and cash equivalents at ₹ 259.70 lakhs and consolidated at ₹ 268.51 lakhs for the half-year ended September 30, 2025. These results were reviewed by the audit committee and approved by the board of directors.