Welcast Steels News

Welcast Steels FY26 Results

Welcast Steels reported a net loss of ₹530.22 lakh for FY26. The board approved audited results and did not recommend a dividend.

Welcast Steels Board Meet on May 20 for Q4FY26 Results

Welcast Steels has scheduled a Board of Directors meeting on May 20, 2026, to consider audited financial results for Q4FY26 and recommend dividend, if any.

Welcast Steels Submits Q4FY26 SEBI Compliance Certificate

Welcast Steels Limited has submitted its quarterly certificate under SEBI Regulation 74(5) for Q4FY26 through registrar Bigshare Services, confirming compliance with dematerialization procedures.

Welcast Steels Reports Q3 FY26 Loss of ₹315.73 Lakhs

Welcast Steels Limited posted a net loss of ₹315.73 lakhs for Q3 FY26, with revenue dropping to ₹256.60 lakhs. The company permanently closed its Bangalore factory in December 2025.

Welcast Steels Reports Loss and Announces Permanent Factory Closure

Welcast Steels Limited reported a net loss of Rs 625.56 lakhs for the quarter ended September 30, 2025, compared to a loss of Rs 679 lakhs in the previous quarter. Revenue from operations declined to Rs 2,065.01 lakhs from Rs 2,276.74 lakhs in the prior quarter. The company's Board decided to permanently close its industrial establishment at Plot No. 15, Phase 1, Peenya Industrial Area, Bangalore with effect from December 15, 2025. The Board is currently deciding the future course of the company's activities. Due to the closure decision, the financial results were not prepared on a going concern basis. The company recorded exceptional expenses of Rs 209.24 lakhs related to closure compensation, gratuity, and leave encashment liabilities. Welcast Steels manufactures alloy steel cast grinding media and operates solely in India.