As per Attachment.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Eastcoast Steel Limited reported its unaudited results for Q3 FY26 and the nine months ended 31 December 2025. Revenue from operations was almost nil at ₹0.85 lakhs for the nine-month period, compared with ₹1,272.20 lakhs in the same period last year — a near-total collapse in trading activity. Despite this, the company swung to a net profit of ₹27.29 lakhs for the nine months (from a loss of ₹27.10 lakhs last year), driven entirely by other income of ₹117.40 lakhs against very low expenses. For Q3 alone, net profit was ₹7.81 lakhs with zero revenue from operations. The company, which has not manufactured since April 1995 and operates only as a trader of iron & steel products, noted that previous period figures have been restated/regrouped. Two pending NCLT/NCLAT matters related to insolvency petitions against the company remain unresolved.
The near-total disappearance of revenue is a major red flag for shareholders, even though the company is reporting small profits from non-operating income. Combined with ongoing insolvency-related litigation and the company's dormant manufacturing status, the stock carries significant uncertainty. Investors should view the headline profit with caution as it does not reflect any real business recovery.