Are EKI Energy latest results good or bad?

EKI Energy Services has reported financial results for the quarter ending March 2025 that reflect a challenging operational environment. The company's net sales for this quarter were Rs 17.58 crore, which is significantly lower than the average net sales of Rs 116.67 crore over the previous four quarters. This marks the lowest sales figure recorded by the company in the last five quarters, indicating a concerning trend in sales performance.
In terms of profitability, the profit after tax (PAT) was reported at Rs -6.24 crore, which is a decline from the average PAT of Rs -5.07 crore in the preceding four quarters. The profit before tax (PBT), excluding other income, was recorded at Rs -11.81 crore, also reflecting a decline from the average PBT of Rs -10.65 crore over the same period.

Additionally, the company experienced a notable adjustment in its evaluation over the last three months. The quarterly results indicate a significant drop in key performance metrics, including a -73.94% change in net sales and a -365.53% change in consolidated net profit compared to the previous quarter. The operating profit margin, excluding other income, also saw a decline, suggesting ongoing operational challenges for EKI Energy Services.