Shyam Century Ferrous
7.65
+0.11(+1.46%)
Market Cap₹160.00 Cr
PE Ratio-
Company Performance:
1D+1.46%
1M-13.07%
6M-25.00%
1Y-58.27%
5Y+135.38%
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Latest news about Shyam Century Ferrous
Shyam Century Ferrous Reports ₹402.80 Lakh Net Loss in Q1, Ceases Plant Operations 21 hours ago Yesterday
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.