Visa Steel Limited — Updates, 01-09-2025: General Updates

VISA Steel's FY25 revenue hit 566.49 Cr, with operating profit at 32.22 Cr. However, a 516.55 Cr net loss arose from asset impairment (438.08 Cr). Debt resolution discussions with ACRE are ongoing, with 1,324.62 Cr in interest unrecognized. The company faces material uncertainty regarding its going concern status. Promoter stake has risen.