News Details

( As on 14/07/2025 22:10)

Shree Steel Wire posts Q1 net loss of Rs 0.19 cr

The company reported standalone net loss during the quarter stood at Rs 0.19 crore compared to net profit of Rs 0.03 crore in the previous year quarter.ÿ

Net revenue of the company declined substantially by 57.25 per cent at Rs 1.09 crore in April-June quarter of this fiscal as against Rs 2.55 crore in the corresponding period last year.

During April-June quarter, operating expenses dropped by 53.85 per cent to Rs 1.14 crore from Rs 2.47 crore in year ago period.

Other Income grew by 25.00 per cent at Rs 0.05 crore versus (Jun'24 Rs 0.04 crore).

Operating Profit slipped by 171.43 per cent to Rs -0.05 crore as against Rs 0.07 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 248.81 per cent in June quarter.

Taxation increased by 0.00 per cent at Rs 0.10 crore (Jun'24 Rs 0.00 crore).