The Board of Directors of Shyam Century Ferrous Limited met on August 6, 2026, and approved the unaudited standalone and consolidated financial results for the first quarter ended June 30, 2026. The financial results reflect discontinued manufacturing operations, resulting in revenue from operations (sale of raw materials) of INR 14.43 Lakhs for the quarter ended June 30, 2026, compared to INR 32.88 Lakhs in the previous quarter ended March 31, 2026, and INR 1,419.46 Lakhs in the corresponding quarter of the previous year. The Net Loss from discontinued operations for the current quarter stood at INR 21.89 Lakhs, compared to a net loss of INR 46.10 Lakhs in the preceding quarter and a net loss of INR 402.80 Lakhs in the corresponding quarter of the previous year.

Shyam Century Ferrous Limited was primarily engaged in the manufacture and sale of ferro silicon, a crucial component for producing high-quality steel. The company ceased production at its manufacturing facility in Meghalaya effective May 7, 2025, following a strategic decision to discontinue its core manufacturing business.