SHAH METACORP's Q1 results show standalone revenue of Rs. 54.13 Cr and profit of Rs. 3.51 Cr.

The board noted Rs. 76.26 Cr in overdue receivables with Rs. 56.89 Cr provision.

The company issued 9.71 Cr rights shares, converted 1 Cr warrants for Rs. 4.71 Cr, and invested Rs. 52,000 for a 26% stake in Strike Eco Grid.