Are Hipolin latest results good or bad?

Hipolin has reported its financial results for the quarter ending March 2025, which indicate a significant decline in key financial metrics. The Profit Before Tax less Other Income (PBT) was recorded at Rs -2.48 crore, reflecting a notable fall compared to the average PBT of the previous four quarters. Similarly, the Profit After Tax (PAT) also showed a sharp decline at Rs -2.36 crore, marking a substantial drop from the previous four-quarter average. The Operating Profit (PBDIT) reached its lowest level in five quarters at Rs -2.33 crore, suggesting a negative trend in operational efficiency. The Operating Profit Margin was reported at 0.00%, the lowest in the last five quarters, indicating challenges in maintaining operational effectiveness. Additionally, the Earnings per Share (EPS) fell to Rs -7.54, further underscoring the company's declining profitability and reduced earnings for shareholders.
In the subsequent quarter ending June 2025, Hipolin's financial performance showed mixed results. The Net Sales experienced a decline of 25.68% compared to the previous quarter. However, the Consolidated Net Profit exhibited a growth of 68.64% from the prior quarter, indicating some recovery in profitability. The Operating Profit (PBDIT) also reflected a notable change, moving from a negative figure to a positive trend. The Operating Profit Margin, while still negative, showed a change in its trajectory.

Overall, the financial results of Hipolin for the reported periods highlight significant challenges in operational performance, alongside some signs of recovery in the following quarter. The company saw an adjustment in its evaluation based on these results.