Visa Steel Limited has informed the Exchange about Copy of Newspaper Publication
VISACHROME · price
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Awaiting price reaction for this filing.
VISA Steel has published its Q1 FY26 unaudited standalone and consolidated financial results in Business Standard (English) and Sambad (Oriya) on 15 August 2025, in line with SEBI listing rules. The company returned to profitability at the standalone level with a profit after tax of about Rs. 43.22 million, compared with a loss of Rs. 69.14 million in Q1 FY25. Total income from operations rose roughly 27% year-on-year to Rs. 171.85 million (standalone) and about 5.7% to Rs. 171.85 million on a consolidated basis. Earnings per share for the quarter stood at Rs. 0.37, versus a loss per share of Rs. 0.60 a year earlier. Despite this turnaround, other equity remains deeply negative at about Rs. (14,766.25) million, reflecting large accumulated losses from prior periods.
The swing back to a small profit after consecutive loss-making quarters is a modest positive, but the very thin profit, lingering accumulated losses, and minimal absolute earnings mean this is unlikely to be a meaningful catalyst for the stock on its own.