The Extract of Unaudited financial results for the quarter ended 30.06.2025 has been published in the newspaper. The details of the same are enclosed herewith.
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Nova Iron & Steel Ltd has published the extract of its unaudited standalone financial results for the quarter ended 30 June 2025 in 'Financial Express' (English national daily) and 'Aaj Ki Jandhara' (regional daily) on 15 August 2025, in compliance with SEBI LODR Regulation 47. The results table shows total income from operations of Rs. 3,163 lakhs in Q1 FY26, compared to Rs. 12,509.54 lakhs in Q1 FY25. The company swung to a small net profit of Rs. 20.73 lakhs from a net loss of Rs. 9,386.21 lakhs in the year-ago quarter. Reserves (excluding revaluation reserve) remain in the negative at Rs. -4,743.92 lakhs, reflecting accumulated past losses. Basic and diluted EPS for the quarter stood at Rs. 0.06.
This is a routine newspaper publication of results already approved by the board on 14 August 2025, so no new information for the market. The sharp year-on-year revenue drop and persistently negative reserves remain key risks, though the swing to a small profit from a steep prior-year loss is a modest positive signal.