Kalana Ispat H1 FY27 Results: Net Loss of ₹0.5 Cr
Kalana Ispat Ltd reported revenue from operations of ₹23 Cr (-7.6% YoY) and a net loss of ₹0.5 Cr for H1 FY27.
- Key figure
- Net loss ₹0.5 Cr
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Kalana Ispat Ltd reported revenue from operations of ₹23 Cr (-7.6% YoY) and a net loss of ₹0.5 Cr for H1 FY27.
Kalana Ispat has commenced commercial production of alloy steel round bars at its new Khengaria rolling mill. The mill has an annual capacity of about 65,000 MT.
Aftabhusen S Khandwawala (Promoter) acquired 7,80,588 shares of Kalana Ispat Ltd via warrant conversion. This preferential allotment increases the promoter's direct equity stake.
Kalana Ispat Limited allotted 15,61,116 equity shares upon warrant conversion at Rs. 22.50 per share. The company received Rs. 2.6343 Crore as balance payment for these warrants.
Kalana Ispat Limited clarified that recent share price movements are purely market-driven. The company confirmed there is no undisclosed price-sensitive information or impending corporate actions.