Are Covidh Technologies Ltd latest results good or bad?

Covidh Technologies Ltd's latest financial results indicate a company that continues to face significant operational challenges. The most recent quarterly data shows that net sales remain negligible, with a reported figure of ₹0.19 crores for December 2024, reflecting a lack of revenue generation. This aligns with the company's historical performance, which has seen a complete cessation of revenue activities since mid-2019. The operational profit for the same period is reported at -₹0.29 crores, highlighting ongoing losses and an operating profit margin of -152.63%. This suggests that the company is not only failing to generate positive earnings but is also incurring substantial operational losses. The standalone net profit stands at -₹0.28 crores, further emphasizing the financial distress the company is experiencing. Overall, Covidh Technologies Ltd has not demonstrated any signs of recovery or operational revival, and the financial metrics reflect a continuation of its long-term decline. The company has seen an adjustment in its evaluation, indicating a reassessment of its financial standing amidst these persistent challenges. The absence of revenue generation and the negative operating margins raise concerns about the viability of its business model moving forward.