Are Garnet Intl. latest results good or bad?

Garnet International has reported its financial results for the quarter ending June 2025, revealing a mix of operational trends. The company experienced a notable increase in operating profit, reaching Rs 1.45 crore, which is the highest figure recorded in the last five quarters. Additionally, both profit before tax (PBT) and profit after tax (PAT) stood at Rs 1.29 crore, also the peak for the same period, indicating enhanced profitability for shareholders with an earnings per share (EPS) of Rs 0.66.
However, the company faced significant challenges with net sales, which amounted to Rs 6.76 crore, reflecting a substantial decline of 80.45% year on year. This decline in sales raises concerns about the company's overall performance and potential future growth.

In terms of evaluation, Garnet International saw an adjustment in its evaluation over the past three months. The quarterly results show a net sales growth of 20.34% compared to the previous quarter, contrasting with a decline of 38.11% in the quarter ending March 2025. The consolidated net profit growth was reported at 239.47%, although this was a decrease from the previous quarter's growth rate.

Overall, while Garnet International has shown improvements in profitability metrics, the significant drop in net sales presents challenges that may impact its future performance.