Eastcoast Steel Ltd — Results, 10-05-2025: Result

Eastcoast Steel Limited has announced a board meeting outcome approving the audited financial results for the quarter and year ended March 31, 2025. The company reported a net profit of ₹11.79 lakh for the quarter but a loss of ₹14.65 lakh for the year. Revenue from operations was ₹326.59 lakh for the quarter and ₹1,551.62 lakh for the year. The business now operates solely in trading iron and steel products internationally, with no manufacturing activity since 1995. The statutory auditor has given an unmodified opinion on the results. The company disclosed ongoing litigations before the National Company Law Tribunal challenging petitions related to prior disputes. Mr. Babush N. Kamath resigned as CEO and CFO due to personal reasons, effective immediately, and Mr. Ajit Krishna Honyalkar has been appointed to these roles, bringing over 12 years of experience in finance and compliance.