Dear Sir/Madam, We wish to inform you that the Board of Directors of the Company, at their meeting held today, i,e. January 30, 2026 has inter alia considered and approved the following: ....
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Awaiting price reaction for this filing.
The Board of Directors of Shree Steel Wire Ropes Ltd, at its meeting held on January 30, 2026, approved the un-audited financial results for the quarter and nine months ended December 31, 2025, along with the Limited Review Report from the Statutory Auditor (Chandak Agarwal & Co). The company manufactures steel wire ropes, railway electrification equipment and OHE fittings, and operates as a single business segment with no subsidiaries. For the full year ended March 31, 2025, the company reported a loss before tax of about Rs. 33.58 lakhs on revenue from operations of around Rs. 1,131.86 lakhs. The Limited Review Report does not flag any qualifications or modified opinion. No debt defaults, related party transaction concerns, or auditor changes were reported in the integrated filing.
Shareholders should note the company has been loss-making at the full-year level in FY25, and the quarterly trajectory remains weak. The clean limited review is a routine regulatory disclosure and offers no fresh positive trigger for the stock. Watch for signs of revenue and margin recovery in Q4 FY26 before drawing conclusions on a turnaround.