Shah Alloys has adjourned the meeting of the Board of Directors which was scheduled to be held on 29 June 2021. The meeting will now be held on 30 June 2021.

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Net Loss of Shah Alloys reported to Rs 23.31 crore in the quarter ended March 2021 as against net loss of Rs 4.45 crore during the previous quarter ended March 2020. Sales rose 56.29% to Rs 183.75 crore in the quarter ended March 2021 as against Rs 117.57 crore during the previous quarter ended March 2020.

For the full year,net loss reported to Rs 47.49 crore in the year ended March 2021 as against net loss of Rs 4.66 crore during the previous year ended March 2020. Sales rose 2.57% to Rs 501.92 crore in the year ended March 2021 as against Rs 489.34 crore during the previous year ended March 2020.

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Shah Alloys will hold a meeting of the Board of Directors of the Company on 29 June 2021..

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Net loss of Shah Alloys reported to Rs 24.73 crore in the quarter ended December 2020 as against net profit of Rs 1.09 crore during the previous quarter ended December 2019. Sales rose 58.29% to Rs 174.72 crore in the quarter ended December 2020 as against Rs 110.38 crore during the previous quarter ended December 2019.

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