Shah Alloys Ltd Declares Unaudited Standalone & Consolidated Financial Results for Q3 & Nine Months Ended Dec 31, 2025

Shah Alloys Ltd has declared its unaudited standalone and consolidated financial results for the quarter and nine months ended on December 31, 2025. The board of directors considered and took on record the financial results in a meeting held on February 14, 2026. The company has not made any provision of interest on loans from banks, which would have lowered the profit for the quarter by Rs 36.55 lakhs. The company has also not evaluated the provisioning requirement of a loss allowance on its financial assets as per Ind AS 109. The Iron and Steel plant has been shut down due to technology obsolescence and increasing higher production cost. The company is exploring various options in the best interest of its stakeholders and has not made any provision for impairment of the assets. The company has sold Plant and Machinery along with technical know-how & technology transfer for a consideration of Rs 6300.00 lakhs and has made disinvestment in the shares of its associate, SAL Steel Limited, through a share purchase agreement.