Meenakshi Steel Industries Ltd — Board Meeting, 08-08-2025: Board Meeting

Meenakshi Steel Industries has released its unaudited standalone and consolidated financial results for the first quarter ended June 30, 2025. While revenue from operations decreased to ₹3.96 Cr from ₹5.45 Cr year-on-year, net profit after tax saw a healthy rise to ₹0.54 Cr from ₹0.49 Cr in the prior year's quarter, indicating improved efficiency. The Board of Directors approved these results, which include an unmodified limited review report from the statutory auditors. Notably, the company reversed ₹64.37 Cr of previous associate losses against retained earnings, a key financial adjustment impacting long-term shareholder value.