Shree Precoated Steels Ltd — Updates, 14-05-2025: Company Update

Shree Precoated Steels Limited has announced a board meeting on May 14, 2025, where it approved the financial results for the quarter and half-year ended March 31, 2025. The company reported a consolidated net loss of Rs. 60 lakh for the year, with basic and diluted EPS at (1.40). The balance sheet shows negative net worth of Rs. (216) lakh, reflecting ongoing challenges. The financials were prepared on a going concern basis despite this, supported by pending indirect tax refund litigation. Ms. Shreya Shah was appointed as the Secretarial Auditor for five years, subject to shareholder approval. The audit report expressed an unmodified opinion.