Ahmedabad Steelcraft Ltd — Updates, 31-05-2025: Company Update

Ahmedabad Steelcraft Ltd. has announced a board meeting to consider the financial results for the quarter and half-year. UGRO Capital Limited, as the authorized officer, has taken possession of immovable properties from borrowers due to unpaid secured debts, warning the public against dealings in these assets. The company’s audited standalone financials show total income from operations at ₹15.43 Cr for the year, with a net loss before tax of ₹0.22 Cr. Exceptional items impacted profits, resulting in a net profit after tax of ₹10.70 Cr for the year. Key operational segments include polished diamonds & jewellery and real estate development, with mixed performance across quarters.