Are Olympic Cards latest results good or bad?

Olympic Cards has reported its financial results for the quarter ending June 2025, revealing several operational trends. Notably, the company achieved its highest profit before tax (PBT) in the last five quarters, recording a figure of Rs -1.05 crore. This indicates a positive trend in near-term profitability, despite the overall financial performance being characterized as flat.
However, the results also highlight significant challenges, particularly in liquidity. The company's cash and cash equivalents have reached their lowest level in the last six half-yearly periods, standing at Rs 0.03 crore, which suggests a decline in short-term liquidity.

In terms of sales performance, Olympic Cards experienced a decline in net sales, with a quarter-over-quarter growth rate of -24.74% compared to a previous growth of 26.43% in March 2025. Similarly, the standalone net profit showed a quarter-over-quarter growth rate of -9.68%, down from 18.42% in the prior quarter.

Additionally, the company saw an adjustment in its evaluation over the past three months. Overall, while there are some positive indicators in profitability, the challenges in liquidity and declining sales growth present significant concerns for Olympic Cards.