Are Cera Sanitary. latest results good or bad?

Cera Sanitaryware has reported its financial results for the quarter ending June 2025, revealing several key trends that reflect ongoing challenges in its operational performance. The company recorded a net sales growth of 5.36% compared to the same quarter last year, which contrasts with a decline of 6.51% in the previous year. However, the operating profit (PBDIT) has reached Rs 55.10 crore, marking a notable decline and indicating a negative trend in operational efficiency. The operating profit margin also fell to 13.05%, suggesting a deterioration in the company's efficiency.
Profit before tax (PBT), excluding other income, was reported at Rs 44.05 crore, the lowest in the last five quarters, with a year-on-year decline of 7.90%. Additionally, the debtors turnover ratio decreased to 7.10 times, the lowest in the last ten half-yearly periods, indicating a slowdown in the company's ability to manage its receivables effectively.

While non-operating income saw an increase to Rs 18.14 crore, this may not be a sustainable source of revenue in the long term. Overall, the company saw an adjustment in its evaluation, reflecting the ongoing challenges in its financial performance.