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STEEL LIMITEDMain BoardEquity2024-04-012025-03-312025-05-302025-05-22INRCroresQuarterlyFourth quarterSingle segmentFERRO ALLOY & SPONGE IRON2025-05-3017:00:002025-05-3018:45:00trueCash Flow IndirectStatement on impact of audit qualificationtruetrueNANAfalsetrue2024-02-24www.salsteel.co.infalsefalseThere was no default on Loans and debts securities made by the company during the Financial year2025-01-012025-03-31AuditedStandalone1163800000560000011694000001015000000029300000299000005100000028400000967000001250300000-809000000-80900000-13400000-7800000-212000000-597000000000-597000001000000-5870000084970000010-0.7-0.700-0.7-0.72024-04-012025-03-31AuditedStandalone54412000008700000544990000046774000000-1728000001210000001667000001057000005834000005481400000-31500000-41600000-731000000-8800000-88000000-643000000000-643000001200000-63100000849700000100-0.76-0.7600-0.76-0.76Consumption of Stores & Spares3000000Power Cost and Cost of Power generaation38300000Other Expenses55400000Consumption of Stores & Spares57500000Power Cost and Cost of Power generaation353500000Other Expenses17240000015052000001010000006000000430000002210000026400000160000015439000009995000000678100000190000005000003200000683700000590000015150000018406000003384500000849700000-4624000003873000003873000001250000000800000080000012508000009800000177300000143790000052530000020460000002046000002980000075970000078900000010600000155930000029972000003384500000The Company s Operation falls under single Segment Namely IRON & STEEL Hence Segment information required as per Indian Accounting Standard 108 are not applicable. All assets are located in the Company s Country domicile.166700000-5045000003910000000000063300000000105700000000000040000000000000-133700000-20680000000000-20680000000000000200000186200000000000000000000000400000000-18200000000030000000000052530000000000-166700000388600000-2000000-20000021000001900000-1000000-120000010000001200000SAL STEEL LIMITED******SHAH ALLOYS LIMITED******PromoterSale of goods or services5000000000Approval by Audit Committee Board50900000655700000648700000SAL STEEL LIMITED******SHAH ALLOYS LIMITED******PromoterPurchase of goods or services2000000000Approval by Audit Committee Board959000000-83900000SAL STEEL LIMITED******SAL CORPORATION PRIVATE LIMITED******Enterprise With Significant InfluenceSale of goods or servicesNo remarks170000000SAL STEEL LIMITED******SAL CARE PRIVATE LIMITED******PromoterInterest paidNo remarks000SAL STEEL LIMITED******SAL CARE PRIVATE LIMITED******PromoterAny other transactionLoan ReceivedNo remarks000Loan01Loan0.077.5UnsecuredGeneral Business PurposeSAL STEEL LIMITED******SUJAL A SHAH******Wholetime DirectorRemunerationNo remarks000SAL STEEL LIMITED******BABULAL M SINGHAL******Wholetime DirectorRemunerationNo remarks30000000SAL STEEL LIMITED******PIYUSH CHANDARANA******Wholetime DirectorRemunerationNo remarks000SAL STEEL LIMITED******MRINAL SINHA******Wholetime DirectorRemunerationNo remarks60000000SAL STEEL LIMITED******VINAY MISHRA******Company SecretaryRemunerationNo remarks000SAL STEEL LIMITED******RADHIKA PARTH SONI******Company SecretaryRemunerationNo remarks000SAL STEEL LIMITED******AMBALAL C PATEL******Independent DirectorAny other transactionSitting FeesNo remarks000SAL STEEL LIMITED******BIPIN AMULAKHBHAI GOSALIA******Independent DirectorAny other transactionSitting FeesNo remarks000SAL STEEL LIMITED******MITESH VASANTBHAI JARIWALA******Independent DirectorAny other transactionSitting FeesNo remarks10000000SAL STEEL LIMITED******SHRIKANT N JHAVERI******Independent DirectorAny other transactionSitting FeesNo remarks000SAL STEEL LIMITED******SHEFALI M PATEL******Independent DirectorAny other transactionSitting FeesNo remarks10000000SAL STEEL LIMITED******NIPA JAYRAJ SHAH******Independent DirectorAny other transactionSitting FeesNo remarks000SAL STEEL LIMITED******SAL COPRPORATION PRIVATE LIMITED******Enterprise With Significant InfluenceAny other transactionEnterprise With Significant InfluenceNo remarks000SAL STEEL LIMITED******ADARSH FOUNDATION******Enterprise With Significant InfluenceAny other transactionCSRNo remarks000SAL STEEL LIMITED******RAJENDRAKUMAR SHAH******Non-Executive ChairmanAny other transactionPromoterNo remarks000149600000AuditedQualified opinionParikh & Majmudar Chartered Accountantstrue2027-10-315449900000544990000055142000005555700000-64300000-105800000-0.76-1.253384500000338450000029972000003038700000387300000345800000For the Year ended on 31st March 2025 the company has not made provision for Electricity Duty in the books of accounts. Had the company made the provision for Electricity Duty for the year ended on 31st March 2025 the Loss for the year would have been Higher by Rs 314.28 lakhs and current liabilities would have been higher to that extent.Qualified opinionRepetitive1. For the Year ended on 31st March 2025 the company has not made provision for Electricity Duty in the books of accounts. Had the company made the provision for Electricity Duty for the year ended on 31st March 2025 the Loss for the year would have been Higher by Rs 314.28 lakhs and current liabilities would have been higher to that extent. For Para No.1 <br></br> Since the Company is eligible for extension granted by the government under its policy the Company did not made provision For Electricity Duty <br></br> Nothin Further to addNo other ComentsFor the year ended on 31st March 2025 the company has not made Impairment of entire Capital Work in Progress. Had the Company made Impairment of entire Capital Work in Progress for the year ended on 31st March 2025 the Loss for the year would have been Higher by Rs 100.94 lakhs and Capital Work in Progress would have been lower to that extent.Qualified opinionRepetitive2. For the year ended on 31st March 2025 the company has not made Impairment of entire Capital Work in Progress. Had the Company made Impairment of entire Capital Work in Progress for the year ended on 31st March 2025 the Loss for the year would have been Higher by Rs 100.94 lakhs and Capital Work in Progress would have been lower to that extent.Nothing Further to addNothing Further to addNo Other ComentsShri Rajendrakumar ShahShri Babulal M SinghalShri Mitesh V JariwalaShri Satwik DurkalAhmedabad2025-05-30