Are Madhav Marbles latest results good or bad?

Madhav Marbles and Granites has reported its financial results for the quarter ending June 2025, which reflect significant operational challenges. The net sales for this quarter amounted to Rs 8.03 crore, representing a year-on-year decline of 24.25%, compared to a decrease of 4.85% in the same quarter of the previous year. This indicates ongoing difficulties in generating revenue.
The profit after tax (PAT) for the latest six months was recorded at Rs -0.16 crore, marking a year-on-year decline of 29.25%. This negative trend in profitability highlights the financial struggles the company is currently facing. Additionally, the operating profit margin, excluding other income, has shown a significant decline, moving from -0.25% to a lower figure, indicating further pressure on operational efficiency.

Furthermore, the company’s cash and cash equivalents have fallen to Rs 0.43 crore, the lowest level observed in the last six half-yearly periods, suggesting a concerning position regarding short-term liquidity.

In terms of evaluation, Madhav Marbles has experienced an adjustment in its evaluation over the past three months, although the overall outlook remains challenging as the company works through these financial difficulties.