- All
- Important
- Financial Update
- Fund Raise
- Board Meeting
- Dividend/Bonus
- JV/Acquisition
- Investor Meet
- Insider Trade
- Pledging
- Others
Loading...
Zenith Steel Pipes has announced a board meeting outcome approving the financial results for the quarter and half-year. Consolidated revenue was Rs. 129.26 Cr with a slim profit before tax of Rs. 0.48 Cr. Despite accumulated losses eroding net worth, the company is pushing revival efforts focused on supplier and customer engagement to boost efficiency and sales. Provisions worth Rs. 7.82 Cr were reversed, enhancing other income. New Secretarial and Internal Auditors have been appointed. Liquidity remains tight amid ongoing legal cases and unsettled dues.
All announcements from Zenith Steel Pipes & Industries Limited