Newspaper publication of Audited Financial Results for the quarter and year ended as on 31.03.2025
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Steelco Gujarat Limited has reported its audited standalone financial results for the fourth quarter and full financial year ended March 31, 2025. Total income from operations for Q4 FY25 stood at Rs. 203.25 lakhs, a sharp rise from Rs. 30.82 lakhs in Q4 FY24. However, the company swung to a net loss of Rs. 770.55 lakhs in Q4 FY25, compared to a net profit of Rs. 16,273.94 lakhs in the year-ago quarter. For the full year, total income from operations was Rs. 417.73 lakhs versus Rs. 30.82 lakhs last year, but the company posted a net loss of Rs. 2,053.78 lakhs, against a profit of Rs. 16,273.94 lakhs in FY24. Earnings per share for the year turned deeply negative at Rs. (41.36), versus Rs. 327.71 in the previous year. The results were approved by the Board on May 26, 2025 and published in Business Standard and Vadodara Samachar on May 28, 2025.
The sharp swing from a sizeable profit last year to a substantial loss this year, despite higher revenue, is a major negative signal for shareholders. Stock price may come under pressure given the steep decline in profitability and deeply negative EPS.