Gopal Iron & Steels Company
6.85
-0.36(-4.99%)
Market Cap₹3.40 Cr
PE Ratio264.00
Company Performance:
1D-4.99%
1M-11.04%
6M+3.16%
1Y-10.46%
5Y+14.55%
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Latest news about Gopal Iron & Steels Company
Gopal Iron and Steels Company Reports Widened Losses in Q1 Aug 13, 2025
Gopal Iron & Steels Company (Gujarat) Limited reported a net loss of Rs 7.14 lakhs in Q1, nearly doubling from Rs 3.77 lakhs in the same quarter last year. Revenue plummeted 99.8% to Rs 0.16 lakhs from Rs 71.73 lakhs. The company faces significant contingent liabilities, including Rs 838.30 lakhs in income tax litigations pending before the Supreme Court and additional tax demands of Rs 78.46 lakhs under reconciliation. Management remains confident about a favorable outcome in tax litigations based on legal counsel advice.