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Awaiting price reaction for this filing.
Eastcoast Steel Ltd has submitted to BSE the copies of newspaper advertisements (Financial Express in English and Makkal Kural in Tamil) publishing its standalone unaudited financial results for Q1 FY26 (quarter ended 30 June 2025). The results show total income of ₹51.28 lakhs for the quarter, down sharply from ₹1,026.59 lakhs in Q1 FY25 and ₹346.93 lakhs in Q4 FY25. The company reported a net profit after tax of ₹14.65 lakhs (vs a loss of ₹15.32 lakhs for FY25), with basic and diluted EPS of ₹0.26. The results were reviewed by the Audit Committee and approved by the Board on 13 August 2025.
This is a routine compliance filing (newspaper publication of already-filed quarterly results), so no new price catalyst is expected. However, the sharp drop in quarterly income versus prior quarters highlights weak top-line performance, though the swing to a small profit after tax is a modest positive for shareholders.