FINAD THE ATTACHED OUTCOME
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Steelman Telecom's Board approved audited standalone and consolidated financial results for FY 2025-26. Standalone revenue grew 7% to Rs. 18,759 Lakhs with PAT at Rs. 918 Lakhs (up 14% YoY). However, consolidated results show a significant loss of Rs. 1,477 Lakhs due to heavy losses in subsidiaries - EC Wheels India (loss Rs. 1,909 Lakhs) and Steelman Installation Services PLC (loss 2 million Birr). Consolidated revenue remained flat at Rs. 23,159 Lakhs. The Board recommended no dividend for FY 2025-26. Auditors issued unmodified (clean) opinion. Related party disclosures were noted.
Standalone operations are profitable with ~14% PAT growth, but the consolidated loss due to subsidiary performance raises concerns about group-level financial health. Shareholders should monitor subsidiary turnaround plans and cash flow sustainability.