SAL Steel Q1 FY27 profit at Rs 3.09 cr vs loss year ago, revenue down 31 percent
SALSTEEL · price
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On the reaction day the stock moved 4.9 pts less than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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SAL Steel posted Q1 FY27 revenue of Rs 87.37 cr, down 31 percent from Rs 127.55 cr year ago. Despite lower revenue, the company swung to net profit of Rs 3.09 cr versus Rs 9.67 cr loss in Q1 FY26. Total expenses fell to Rs 82.84 cr from Rs 140.62 cr. Board appointed Mrs. Monika Goyal as Independent Woman Director for 5 years and approved AGM notice for September 25, 2026. Auditors issued a clean limited review report.
Profit turnaround from Rs 9.67 cr loss to Rs 3.09 cr gain is a positive signal, but the 31 percent revenue decline shows demand weakness to watch.