Are Electrost.Cast. latest results good or bad?

Electrosteel Castings has reported its financial results for the quarter ending June 2025, which indicate a notable decline in several key performance metrics. The Profit Before Tax (PBT) for the quarter was Rs 93.22 crore, representing a significant reduction compared to the average PBT of the previous four quarters. Similarly, the Profit After Tax (PAT) fell to Rs 89.05 crore, also reflecting a considerable drop from prior averages.
Net sales for the quarter amounted to Rs 1,557.69 crore, which is lower than the average sales figures from the previous four quarters, continuing a downward trend that has persisted over the last five quarters. This trend is further underscored by a quarterly decline in net sales of 8.41% compared to the previous quarter.

The company's earnings per share (EPS) decreased to Rs 1.44, marking the lowest level in the last five quarters, which suggests a decline in profitability. Additionally, cash and cash equivalents have fallen to Rs 205.63 crore, the lowest in the last six half-yearly periods, indicating potential liquidity challenges. The debtors turnover ratio also decreased to 4.94 times, suggesting a slowdown in the company's ability to manage its receivables effectively.

Overall, the financial data presents a challenging picture for Electrosteel Castings, and the company saw an adjustment in its evaluation following these results.