Akshar Spintex Reports Declining Sales and Profitability Challenges in August 2025 Results
Akshar Spintex, a microcap company in the Garments & Apparels industry, has recently reported its financial results for the quarter ending June 2025. The results, declared on August 7, 2025, indicate a challenging period for the company. The net sales for the quarter stood at Rs 26.19 crore, reflecting a decline of 10.3% compared to the average net sales of Rs 29.19 crore over the previous four quarters. This trend suggests a significant shift in sales performance, with the near-term outlook appearing unfavorable.
Additionally, the Profit After Tax (PAT) for the latest six months was recorded at Rs -2.38 crore, marking a year-on-year decline of 33.33%. This negative trajectory in PAT further underscores the difficulties faced by Akshar Spintex in the current financial landscape.
In light of these results, there has been an adjustment in evaluation, with the score moving to -10 from -17 over the past three months. This revision reflects the ongoing challenges and shifts in the company's financial standing.
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