Are Emami Realty Ltd latest results good or bad?

Emami Realty Ltd's financial results for the quarter ending March 2025 reflect a challenging operational environment. The company reported net sales of Rs 13.66 crore, which represents a decline of 36.5% compared to the average net sales of Rs 21.53 crore over the previous four quarters. This significant drop in sales suggests difficulties in the market for the microcap realty firm.
Profit before tax (PBT) was recorded at Rs -98.50 crore, indicating a substantial decline of 90.4% from the average PBT of Rs -51.74 crore in the prior four quarters. Similarly, profit after tax (PAT) fell to Rs -79.68 crore, reflecting a 172.6% decrease compared to the average PAT of Rs -29.24 crore from previous quarters. The earnings per share (EPS) also reached its lowest point in five quarters at Rs -21.05, highlighting a reduction in profitability and earnings for shareholders.

In the subsequent quarter ending June 2025, the company reported a net sales figure of Rs 6.01 crore, with a QoQ growth of -56.00%. The consolidated net profit showed a QoQ growth of 36.24%, with a reported figure of Rs -50.80 crore. The operating profit margin, excluding other income, was noted at -677.37%, indicating ongoing challenges in operational efficiency.

Overall, the financial data illustrates a difficult period for Emami Realty Ltd, with negative trends across key financial metrics. Additionally, the company saw an adjustment in its evaluation, reflecting the current operational challenges.