Super Iron Foundry Corrects Balance Sheet Error in Half-Year Results, Reports Revenue Surge Amid Profit Decline

2 min read     Updated on 02 Dec 2025, 07:42 PM
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Overview

Super Iron Foundry Ltd. (SIF) submitted a corrigendum to fix an error in its unaudited financial results for the half year ended September 30, 2025. The company's revenue increased by 194.10% to ₹7,818.03 lakhs, but net profit declined by 92.70% to ₹51.50 lakhs compared to the same period last year. Consolidated results showed similar trends. The balance sheet total stands at ₹30,060.99 lakhs. SIF assured that measures would be taken to prevent such errors in the future.

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Super Iron Foundry Ltd. (SIF) has submitted a corrigendum to rectify an inadvertent error in its unaudited financial results for the half year ended September 30, 2025. The company discovered that a figure was incorrectly placed in the Balance Sheet after the results were uploaded on the Bombay Stock Exchange platform.

Financial Performance Highlights

SIF's financial performance for the half year ended September 30, 2025, shows a mixed picture:

Metric H1 2025 H1 2024 Year-on-Year Change
Revenue 7,818.03 2,658.42 194.10
Net Profit 51.50 703.14 -92.70

Note: All figures in ₹ lakhs

The company experienced a significant revenue increase of 194.10% compared to the same period last year. However, net profit saw a substantial decline of 92.70%.

Corrigendum Details

The company stated in its filing:

"The Company had filed its Unaudited Financial Results (Standalone & Consolidated), along with the Limited Review Report, on November 14, 2025. Subsequently, after the said results were uploaded on the Bombay Stock Exchange platform the Company noticed an inadvertent error as a figure was not shown in its correct head in the Balance Sheet."

Super Iron Foundry has assured that due care will be taken to avoid such occurrences in the future.

Consolidated Results

The consolidated financial results also reflect a similar trend:

Metric H1 2025 H1 2024 Year-on-Year Change
Revenue 7,606.00 2,658.42 186.10
Net Profit 35.61 703.14 -94.90

Note: All figures in ₹ lakhs

Balance Sheet Highlights

As of September 30, 2025, the company's balance sheet shows:

Particular Amount
Total Equity and Liabilities 30,060.99
Total Assets 30,060.99

Note: All figures in ₹ lakhs

Investor Considerations

While the substantial revenue growth is a positive sign, the significant drop in profitability raises questions about the company's cost management and operational efficiency. Investors should carefully analyze the full financial report, including the corrected balance sheet, to understand the factors behind this divergence in revenue and profit trends.

The company's proactive approach in identifying and rectifying the error in its financial reporting demonstrates a commitment to transparency. However, it also highlights the need for more robust internal controls in financial reporting processes.

As Super Iron Foundry continues to navigate its growth phase, evidenced by the revenue surge, it will be crucial for the company to focus on translating this top-line growth into improved bottom-line results in the coming quarters.

Historical Stock Returns for Super Iron Foundry

1 Day5 Days1 Month6 Months1 Year5 Years
-1.99%+5.32%-22.92%+8.38%-63.94%-63.94%
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Super Iron Foundry Ltd Appoints Ekta Benia as New Company Secretary and Compliance Officer

1 min read     Updated on 17 Oct 2025, 07:08 PM
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Reviewed by
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Overview

Super Iron Foundry has appointed Mrs. Ekta Benia as its new Company Secretary and Compliance Officer, effective October 17, 2025. The appointment was approved by the Board of Directors during a meeting on the same date. Mrs. Benia, an Associate Member of the Institute of Company Secretaries of India with membership number A43551, will be responsible for secretarial duties and compliance matters.

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*this image is generated using AI for illustrative purposes only.

Super Iron Foundry , a leading iron foundry company, has announced the appointment of Mrs. Ekta Benia as its new Company Secretary and Compliance Officer. The appointment, effective October 17, 2025, was approved by the company's Board of Directors during a meeting held on the same date.

Key Details of the Appointment

Particulars Details
Appointee Mrs. Ekta Benia
Position Company Secretary and Compliance Officer
Effective Date October 17, 2025
Membership Number A43551
Qualifications Associate Member of the Institute of Company Secretaries of India

Board Meeting Highlights

The Board of Directors convened at the company's registered office on Friday, October 17, 2025. The meeting, which commenced at 6:00 PM and concluded at 6:15 PM, primarily focused on this significant appointment.

About Mrs. Ekta Benia

Mrs. Benia brings valuable experience in secretarial duties and compliance matters to her new role at Super Iron Foundry. As the Company Secretary and Compliance Officer, she will be responsible for handling the entire spectrum of secretarial duties and ensuring compliance with relevant regulations.

Company Background

Super Iron Foundry, formerly known as Super Iron Foundry Pvt. Ltd., is an ISO 9001:2015, ISO 14001:2015, and OHSAS 45001:2018 certified company. It is recognized as a Three Star Export House by the Government of India, underlining its significant contribution to the country's export sector.

The company's registered office is located in Kolkata, West Bengal, with its manufacturing facility situated in Durgapur, also in West Bengal.

This appointment aligns with Super Iron Foundry's commitment to maintaining strong corporate governance and ensuring compliance with regulatory requirements. The company has made this disclosure in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Historical Stock Returns for Super Iron Foundry

1 Day5 Days1 Month6 Months1 Year5 Years
-1.99%+5.32%-22.92%+8.38%-63.94%-63.94%
Super Iron Foundry
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