Welcast Steels Ltd Reports Q3 and Nine Months Results, Closing Down Factory in Bangalore

Welcast Steels Ltd has reported its unaudited financial results for the quarter and nine months ended December 31, 2025. The company's revenue from operations stands at INR 256.60 lakhs for the quarter and INR 2,046.63 lakhs for the nine months. The net loss for the quarter is INR 315.73 lakhs and INR 323.16 lakhs for the nine months. The company has announced the permanent closure of its only factory located at plot No.15, Phase 1, Peenya Industrial Area, Bangalore - 560058 with effect from the close of business hours on 15th December 2025. The Board of Directors are in the process of deciding the future course of the Company’s activity.