Are Krishna Ventures Ltd latest results good or bad?

Krishna Ventures Ltd's latest financial results for Q2 FY26 reveal significant operational challenges. The company reported net sales of ₹0.04 crores, reflecting a sharp decline compared to the previous year, where sales were ₹0.12 crores. This represents a near-complete cessation of business activity, particularly concerning given the company's previous performance. The net loss for the quarter was ₹0.28 crores, which indicates a worsening situation as the company continues to incur substantial operational losses. The operating margin was reported at -575.0%, highlighting severe inefficiencies in managing costs relative to revenues. Additionally, the return on equity (ROE) stands at a negative -7.66%, suggesting that the company is not generating value for its shareholders. The financial data also shows a decline in shareholder funds, which decreased to ₹10.59 crores from ₹11.46 crores year-on-year, indicating a deterioration in the company's financial health. The company has also taken on long-term debt of ₹3.43 crores, raising concerns about its ability to sustain operations amidst ongoing losses. Overall, Krishna Ventures Ltd's performance in Q2 FY26 underscores a critical revenue crisis, mounting losses, and operational inefficiencies. The company has seen an adjustment in its evaluation, reflecting these ongoing challenges and the broader context of underperformance within the real estate sector.