ALPHA TRIBE

Ahmedabad Steelcraft LtdResults, 14-08-2025: Result

14-08-2025 | 04:01 pm

Ahmedabad Steelcraft's Board has approved the financial results for the quarter ended June 30, 2025. The company reported a revenue from operations of ₹42.68 Cr and a net profit of ₹3.36 Cr for the quarter. Significantly, the remaining 54.50 lakh warrants from the preferential issue have now been fully converted into equity shares, increasing the paid-up equity capital to ₹15.09 Cr. The company confirmed no deviation in the utilization of the ₹79.20 Cr raised from the warrant issue, with funds being used for expansion, working capital, and general corporate purposes as planned.

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