MSP Steel & Power Limited — Board Meeting, 31-05-2025: Outcome of Board Meeting

MSP Steel & Power has announced a board meeting on the approval of the consolidated financial results for the quarter and year ended March 2025. Revenue held steady at ₹2,905 Cr, while the firm posted a net loss of ₹28.36 Cr, mainly due to deferred tax impacts. Operating cash flow remains robust at ₹189.28 Cr. A major highlight is the debt-to-equity conversion totaling ₹580 Cr, lifting paid-up equity capital to ₹567.97 Cr, strengthening the balance sheet as the company transitions to the new lower corporate tax regime.