Shyam Century Ferrous
7.04
-0.08(-1.12%)
Market Cap₹149.37 Cr
PE Ratio-
Company Performance:
1D-1.12%
1M-9.16%
6M-11.56%
1Y-59.86%
5Y+80.51%
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Latest news about Shyam Century Ferrous
Shyam Century Ferrous Reports ₹402.80 Lakh Net Loss in Q1, Ceases Plant Operations Aug 08, 2025
Shyam Century Ferrous Limited reported a net loss of ₹402.80 lakh for Q1 FY24, up from ₹270.05 lakh in Q1 FY23. Revenue from operations declined 47.32% YoY to ₹1,419.46 lakh. The company ceased operations at its Meghalaya plant due to increased power tariffs. Despite operational challenges, total comprehensive income was positive at ₹675.50 lakh, primarily due to changes in fair value of investments. The board appointed Ghanshyam Agarwal as Additional Director and re-appointed Nirmalya Bhattacharyya as Independent Director.