This is to inform you that under regulation 30 & 33 of SEBI (LODR) Regulation 2015, a meeting of the board of directors of the company was held Wednesday, 13th August 2025, at the register ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Shree Metalloys Ltd announced unaudited financial results for Q1 FY26 (quarter ended 30 June 2025). Revenue from operations fell sharply to Rs. 1,738.31 lakhs from Rs. 2,929.46 lakhs in Q1 FY25, a drop of around 40%. Net profit declined to Rs. 12.37 lakhs (vs Rs. 16.90 lakhs), with EPS at Rs. 0.24 vs Rs. 0.32 a year earlier. Total expenses were Rs. 1,724.05 lakhs, yielding a thin profit before tax of Rs. 16.34 lakhs. The board also accepted the resignation of Independent Director Tagaram Lumbharam Chowdhary and appointed Sangita Shingi as a new Independent Director. The auditor, Talati & Talati LLP, gave an unmodified review report. The company is in the metal trading business (ferrous and non-ferrous).
Sharp year-on-year revenue and profit decline is a negative signal for the stock, but the modest absolute numbers reflect a low-margin trading business. The single independent director exit and replacement appear routine.