Q1 FY27 results: Shyam Century Ferrous posts loss as manufacturing halted
SHYAMCENT · price
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On the reaction day the stock moved 0.8 pts less than Nifty Microcap 250 and 0.6 pts less than its Ferro & Silica Manganese peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Board approved Q1FY27 unaudited results. Revenue from operations fell sharply to 32.88 lakhs from 1,419.46 lakhs year-on-year after the company discontinued its ferro silicon manufacturing in May 2025. Net loss narrowed to 80.95 lakhs from 402.80 lakhs. Company continues as a going concern, earning interest income from its investment portfolio. Re-appointed statutory auditors D.K. Chhajer & Co for 5 years. AGM on September 25, 2026.
Core manufacturing has ceased. Company now depends on investment income. Losses continue and asset disposal is ongoing.