Shree Steel Wire Ropes swings to Rs 52.58L loss in Q1 FY27

Revenue DeclinePat NegativeResults View source PDF

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Price reaction · full curve 14 horizons · vs prior close

+20.9%1-day move

₹32.40

prior close

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After-mkt

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AI summary

Shree Steel Wire Ropes posted a net loss of around Rs 52.58 lakh for Q1 FY27 ended 30 June 2026, against a profit in the year-ago quarter. Total revenue fell about 24 percent to Rs 189.14 lakh from Rs 248 lakh. Loss before tax was Rs 35.50 lakh. The statutory auditor issued a clean limited review report with no qualifications.

Likely market impact

A 24 percent revenue drop and a swing to losses are negative for shareholders, pointing to weak demand or pricing pressure.