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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Steelman Telecom Ltd reported standalone PAT of Rs 917.60 Lakhs for FY 2025-26, up 13.9% from Rs 805.75 Lakhs in FY25. Standalone revenue grew 7% to Rs 18,759.35 Lakhs. However, consolidated results show a net loss of Rs 1,477.44 Lakhs (vs loss of Rs 886.58 Lakhs) due to heavy losses in subsidiaries - EC Wheels India reported loss of Rs 1,908.56 Lakhs and Steelman Installation Services PLC reported loss of Rs 20.17 Lakhs (Birr 2,017,438). Statutory auditors issued unmodified opinion on both standalone and consolidated results. No dividend was recommended for FY25-26. Board also noted related party disclosures and re-appointed secretarial and internal auditors.
Standalone operations are profitable with PAT growth of ~14%, but consolidated losses widened significantly due to loss-making subsidiaries. Shareholders should monitor the subsidiary performance as it significantly impacts group-level financials. Cash position remains tight with standalone operating cash flow of only Rs 142.13 Lakhs.