Are Milestone Global latest results good or bad?
Milestone Global's latest results show a significant decline in net sales by 34.30% year-on-year, but a strong net profit increase of 616.67% in the June quarter indicates improved profitability despite sales challenges. Overall, the company's performance reflects mixed results, warranting close monitoring by stakeholders.
Milestone Global has reported its financial results for the quarter ending March 2025, with a notable decline in net sales, totaling Rs 5.42 crore over the past six months, which reflects a year-on-year decrease of 34.30%. This trend indicates challenges in the company's near-term sales performance. In the subsequent quarter ending June 2025, the company experienced a net sales growth of 28.22% compared to the previous quarter, although this follows a significantly higher growth rate of 50.93% in the March quarter. The consolidated net profit for the June quarter showed a substantial increase of 616.67%, up from 185.71% in the March quarter, indicating a strong performance in profitability despite the sales challenges.
The operating profit margin, excluding other income, was reported at 6.70%, with a change of 3.33% from the previous quarter. This suggests some operational efficiency improvements.
Additionally, Milestone Global saw an adjustment in its evaluation over the last three months, reflecting the ongoing developments in its financial landscape. Stakeholders may continue to monitor the company's performance closely as it navigates these operational trends.
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