Shyam Century Ferrous Q3 loss at 614 lakhs; board approves sale of all assets
SHYAMCENT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 5.7 pts less than Nifty Microcap 250 and 3.8 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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Q3 FY26 revenue from operations crashed to about 84 lakhs from 3,267 lakhs a year ago after the company shut its Byrnihat ferro silicon plant in Meghalaya in May 2025 due to a sharp rise in power tariffs. The company reported a net loss of 614 lakhs for the quarter and 937 lakhs for nine months, versus losses of 6 lakhs and 493 lakhs in the same prior periods. The board has approved selling, leasing or disposing of all company assets, subject to shareholder approval. The statutory auditor flagged the closure as an emphasis of matter.
Operations are effectively halted and the company plans to exit the business, pointing to major uncertainty for shareholders and likely pressure on the stock.