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Shree Precoated Steels LtdBoard Meeting, 14-05-2025: Board Meeting

14-05-2025 | 12:13 pm

Shree Precoated Steels Limited has announced a board meeting to approve the financial results for the quarter and half-year ended March 31, 2025. The company reported a net loss of Rs. 60 lakh for the year, with basic and diluted EPS at (Rs. 1.40). Negative net worth continues at Rs. (216) lakh, reflecting ongoing challenges. Cash flow from operations showed a modest inflow of Rs. 5 lakh. The accounts remain prepared on a going concern basis despite negative net worth, citing pending indirect tax refund litigation. Additionally, Ms. Shreya Shah has been appointed as Secretarial Auditor for five years, subject to shareholder approval.

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