Are Eco Recyc. latest results good or bad?

Eco Recycling has reported its financial results for the quarter ending March 2025, which indicate notable challenges in its operational performance. The Profit After Tax (PAT) for this quarter is recorded at Rs 2.08 crore, reflecting a significant decline of 63.8% compared to the average PAT of Rs 5.74 crore from the previous four quarters. This substantial drop suggests difficulties in maintaining profitability.
In terms of sales, Eco Recycling's net sales for the quarter are reported at Rs 9.77 crore, which represents a decrease of 7.5% from the average net sales of Rs 10.56 crore over the last four quarters. This decline in sales further underscores the negative trends the company is currently facing.

Additionally, the quarterly results show that the net sales growth for the quarter ended March 2025 is -1.51%, compared to a more significant decline of -22.92% in the previous quarter. The consolidated net profit also reflects a decline of 57.46% compared to the prior quarter's performance, which indicates ongoing operational challenges.

In light of these results, Eco Recycling has experienced an adjustment in its evaluation over the past three months, suggesting a reassessment of its financial health. Overall, the data highlights a period of difficulty for the company, with significant declines in both profitability and sales.