Standalone and consolidated unaudited financial results for the quarter and nine months ended 31.12.2025.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Steel Strips Infrastructures posted Q3 FY26 standalone revenue of Rs 33.21 lakh (vs Rs 32.17 lakh in Q3 FY25) and 9M FY26 revenue of Rs 102.24 lakh (vs Rs 95.77 lakh, up ~6.7%). On a standalone basis, the company continued to report losses, with a Q3 net loss of Rs 15.72 lakh and 9M net loss of Rs 58.89 lakh (slightly narrower than Rs 76.04 lakh in 9M FY25). On a consolidated basis, results swung to a profit of Rs 531.05 lakh for 9M FY26 (vs a loss of Rs 890.94 lakh), driven by a Rs 589.94 lakh share of profit from associate Malwa Chemtex Udyog, though Q3 standalone alone showed a share of loss of Rs 1,072.55 lakh from the associate. EPS stood at Rs 6.14 (9M consolidated) vs Rs (10.31) earlier. Additionally, CFO Verinder Kumar Sood resigned citing personal reasons and was replaced by Chartered Accountant Gourav Kumar (appointed without remuneration) effective 13.02.2026.
Standalone operations remain in the red with very thin revenues and persistent losses, indicating the core business is not yet self-sustaining. Consolidated profitability hinges almost entirely on associate contribution, which is highly volatile. The unexpected CFO change, though attributed to personal reasons, adds short-term governance uncertainty for retail investors.