Shree Steel Wire Ropes Reports Significant Decline in Financial Performance for May 2025
Shree Steel Wire Ropes has announced its financial results for the quarter ending March 2025, revealing a significant decline in operating profit and profit before tax, both reaching their lowest levels in five quarters. The earnings per share also fell, indicating ongoing challenges for the company.
Shree Steel Wire Ropes, a microcap company in the Iron & Steel Products industry, has recently reported its financial results for the quarter ending March 2025. The results, declared on May 28, 2025, indicate a notable shift in the company's evaluation, with its score adjusting to -3 from a previous score of 3 over the last three months.The financial data reveals that Shree Steel Wire experienced its lowest operating profit in the last five quarters, recording an operating profit (PBDIT) of Rs -0.28 crore. Additionally, the profit before tax (PBT) also reached a low of Rs -0.39 crore during the same period, reflecting a negative trend in profitability. Furthermore, the earnings per share (EPS) fell to Rs -0.66, indicating a decline in earnings for shareholders.
These results highlight the challenges faced by Shree Steel Wire Ropes in the recent quarter, prompting a revision in its score.
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