International Steels Limited: performance and outlook

International Steels Limited (ISL) reported a 255.76 percent year-on-year increase in net profit to Rs2,206.95 million for 1QFY27, while revenue grew 13.59 percent to Rs23,763.31 million, according to Business Recorder. Gross profit rose 44.84 percent, and operating profit increased 214 percent; higher short-term borrowing lifted finance costs by 78.62 percent.

For FY26, ISL’s net profit climbed 135.58 percent to Rs3,673.23 million as sales advanced 49.81 percent to Rs93,349.19 million. The company also plans to sell its 17 percent stake in Chinoy Engineering & Construction for Rs350 million, with the proceeds available for uses including investment or debt repayment. Business Recorder says gradual improvement in local economic indicators and industrial activity could support steel demand in 2027.