Copy of newspaper publication of the Audited Financial Results for the quarter and financial year ended March 31, 2026
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Shree Precoated Steels Ltd has published its audited financial results for Q4 FY26 and full year FY26 ended March 31, 2026. The company reported a net loss of Rs 60 lakhs for Q4 FY26 (compared to a loss in Q4 FY25), and a net loss of Rs 1.40 per share for the full year FY26, showing a slight improvement from the previous year's loss of Rs 1.47 per share. The company's other equity stood at negative Rs 588 lakhs, indicating accumulated losses. The accounts are prepared on a going concern basis despite negative networth, with pending litigation related to indirect tax refunds. During the quarter, the company wrote off unrecoverable sundry balances and liabilities no longer payable.
The company continues to operate at a loss with negative networth, which raises concerns about its financial health. Shareholders should monitor the outcome of pending tax litigation and the company's path to profitability.