Kanishk Steel Industries Ltd — Results, 28-05-2025: Result

Kanishk Steel Industries Ltd has announced a board meeting to approve the financial results for the quarter and half-year. The company reported consolidated revenue from operations of Rs 98.57 Cr for the quarter, marginally higher than the previous quarter. Cost of materials declined, supporting a pre-tax profit of Rs 0.98 Cr, compared to a loss last year. However, after tax, the company posted a net loss of Rs 1.61 Cr for the quarter. For the full year, the company delivered a net profit of Rs 8.32 Cr. Total equity increased to Rs 105.85 Cr, while borrowings were substantially reduced. The audit report was unmodified, indicating a clean opinion from auditors.