• Segment volume performance: Core steel volumes grew roughly 38% on strong regional demand across South and West India, while the non-steel segment remained flat due to headwinds and gas price impacts on tile manufacturing.
• Annual growth guidance: Management is targeting around 20% overall growth for the year, viewing current demand softness in May from rising steel prices as a temporary deferral by end-users.
• E-commerce channel expansion: Digital sales expanded from ₹5 crore to approximately ₹25 crore, with targets to exceed ₹35 crore in the current year and scale beyond ₹100 crore in the future.
• Retail network expansion: The company plans to open 4 to 5 new outlets this year, focusing on deepening penetration in newer markets like Maharashtra and Gujarat while strengthening its existing presence.