S.A.L. Steel Limited — Board Meeting, 30-05-2025: Outcome of Board Meeting

SAL Steel has announced a board meeting on the approval of audited standalone financial results for FY25, reporting a net loss of Rs 6.43 Cr versus a Rs 0.47 Cr profit last year. Revenue dipped slightly to Rs 544.99 Cr from Rs 578.23 Cr. Rising expenses, including power and finance costs, pressured earnings. The company settled Rs 5.1 Cr with a creditor, recognized as an exceptional loss. It also appointed new auditors for secretarial, cost, and internal audits to strengthen governance in FY26.