S.A.L. Steel Ltd

SAL Steel Ltd: Revenue at ₹207.58 Cr, Net Loss Narrows to ₹0.35 Cr – CapEx Surges to ₹17,377.46 Lakhs 🏭

- Capital work in progress: ₹17,377.46 Lakhs (prev ₹100.94 Lakhs)

- Revenue from operations: ₹20,740.43 Lakhs (prev ₹54,411.56 Lakhs)

- Net loss: ₹0.35 Cr (prev net loss ₹6.42 Cr)

- Other equity turned positive: ₹185.20 Lakhs (from negative ₹4,624.43 Lakhs)

- Plant shutdown Sep 2025 to Feb 2026 for modification

- Sree Metaliks acquired 57.51% equity, became controlling shareholder

- Preferential allotment: 1,92,50,000 equity shares & 3,57,50,000 warrants at ₹18

- Sponge iron: 54,875.56 MT; Ferro Chrome: 5,081.59 MT

- Total borrowings: ₹29,091.20 Lakhs (prev ₹12,500.00 Lakhs)

- EPS: ₹(0.04) (prev ₹(0.76))