Shah Alloys Limited has announced a board meeting to consider the financial results for the quarter and half-year.

The standalone total income declined significantly to Rs. 30.37 crore from Rs. 128.41 crore in the previous year’s quarter.

The company reported a net loss after tax of Rs. 19.36 crore for the quarter, widening from a loss of Rs. 7.67 crore earlier.

Earnings per share were negative at Rs. (9.78) compared to (3.87) previously.

Consolidated figures also reflect losses, with net loss after tax at Rs. 2.36 crore and diluted EPS at Rs. (2.27). This indicates continued operational pressure and negative profitability impacting shareholder value.