Are Dhunseri Invest. latest results good or bad?

Dhunseri Investments has reported significant challenges in its latest financial results for the quarter ended September 2025. The company experienced a substantial decline in net sales, which fell to ₹78.91 crores, representing a year-on-year decrease of 50.70%. This sharp contraction indicates serious operational difficulties within the company's investment portfolio and trading activities.
Consolidated net profit also reflected a concerning trend, with a reported loss of ₹26.76 crores, marking a decline of 150.27% compared to the previous year. This deterioration in profitability is further highlighted by the operating profit before depreciation, interest, tax, and other income (PBDIT excluding OI), which swung to a loss of ₹48.50 crores from a profit in the prior quarter, leading to an operating margin of -61.46%. Such figures underscore the severe operational stress faced by the company.

Additionally, the average return on equity stands at a modest 6.33%, indicating weak capital efficiency, which raises concerns about the management’s ability to effectively utilize shareholder capital. The financial metrics suggest a fundamental struggle in generating adequate returns and maintaining operational stability.

In light of these results, the company saw an adjustment in its evaluation, reflecting the ongoing operational challenges and the negative financial trajectory. Overall, the financial data presents a picture of significant underperformance and operational distress for Dhunseri Investments during this reporting period.