Dear Sir/Madam, We wish to inform you that the Board of Directors of the Company, at its meeting held today i.e. November 13, 2025, has inter alia considered and approved the following: ....
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On the reaction day the stock moved 5.0 pts less than Nifty Microcap 250 and 5.1 pts less than its Iron & Steel Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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The Board of Shree Steel Wire Ropes met on November 13, 2025 and approved the unaudited standalone financial results for the quarter and half-year ended September 30, 2025, along with the limited review report from the auditor. Revenue from operations showed strong year-on-year growth — half-year FY26 revenue stood at about Rs. 1,182.50 lakhs versus Rs. 705.41 lakhs in H1 FY25, a jump of roughly 68%. Despite the strong topline, the company continued to report losses, with H1 FY26 loss after tax of around Rs. (25.38) lakhs and Q2 FY26 PAT of about Rs. (8.80) lakhs. Total expenses remained elevated relative to revenue, keeping margins under pressure. The auditor's review report was clean, with no qualifications or observations.
Strong revenue growth is a positive signal showing demand recovery or pricing improvement, but persistent quarterly and half-yearly losses indicate the company has not yet achieved profitability, which may keep the stock under pressure until costs are controlled or margins expand.