Announced Fri, 14 Aug, 2026 · 15:58 IST
Q1 FY27: Eastcoast Steel posts Rs 34.13 lakh PAT on resumed trading
Revenue growth above 20%Profit growth above 25%Results restatedResults View source PDFExplain this filing
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Price reaction
Awaiting price reaction for this filing.
AI summary
Eastcoast Steel reported Q1 FY27 revenue of Rs 1,648.86 lakh versus Rs 0.85 lakh in Q1 FY26, a sharp jump as the firm, which halted manufacturing in 1995, now trades steel products globally. Net profit rose to Rs 34.13 lakh from Rs 14.65 lakh, EPS at Rs 0.62. Auditor issued an unqualified review. The 43rd AGM is set for September 28, 2026.
Likely market impact
Revenue surge signals revival of steel trading business. Pending NCLT legal cases remain a key overhang for shareholders.