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News Details

29/01/2026 13:50

Welcast Steels posts Q3 net loss of Rs 3.16 cr

The company reported standalone net loss during the quarter stood at Rs 3.16 crore compared to net profit of Rs 0.11 crore in the previous year quarter.ÿ

Net revenue of the company declined substantially by 88.86 per cent at Rs 2.57 crore in October-December quarter of this fiscal as against Rs 23.08 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 75.30 per cent to Rs 5.68 crore from Rs 23.00 crore in year ago period.

Other Income dipped by 2.50 per cent at Rs 0.39 crore versus (Dec'24 Rs 0.40 crore).

Operating Profit slipped by 3925.00 per cent to Rs -3.06 crore as against Rs 0.08 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 35179.41 per cent in December quarter.

Interest grew by 500.00 per cent y-o-y to Rs 0.06 crore