Its financial impact was visible, too. Between 2022-23 and 2024-25, BCCL’s key headline numbers, revenue, Ebitda, and profit after tax (PAT), grew at a compound annual growth rate of 4.6%, 62.6%, and 36.6%, respectively. But in H1FY26, revenue fell 17% year-on-year to 5,659 crore, Ebitda dropped 66% to 460 crore, and PAT declined 83.5% to 124 crores. EBITDA is short for earnings before interest, taxes, depreciation and amortization.
Steel over power: Is BCCL’s new strategy worth a bet for investors?

