SRU Steels board approves Q1 FY27 results; revenue at zero, small PAT loss
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SRU Steels Board approved Q1 FY27 unaudited results on 9 Oct 2026. Revenue from Operations was Rs 0.00 lakh versus Rs 2316.32 lakh in Q1 FY26, a steep decline. Total Income was nil. The firm posted a net loss of Rs 6.73 lakh versus a profit of Rs 134.76 lakh YoY. EPS stood at negative 0.01. Both Steel and Agri-Commodity segments reported zero revenue. Auditor Bihari Shah and Co issued an unmodified review report with an Emphasis of Matter paragraph.
Zero revenue and swing to loss flag serious operational stress. Investors should track business revival and clarity on the auditor Emphasis of Matter.