Are Rallis India latest results good or bad?

Rallis India has reported its financial results for the quarter ending March 2025, which indicate significant challenges for the company. The profit before tax (PBT) was recorded at Rs -52.00 crore, reflecting a substantial decline of 48.57% year-on-year. Similarly, the profit after tax (PAT) stood at Rs -33.00 crore, down 57.1% compared to the same period last year.
Net sales for the quarter reached Rs 430.00 crore, marking the lowest figure in the past five quarters, which suggests a negative trend in sales performance. The operating profit also fell to Rs -20.00 crore, with an operating profit margin of -4.65%, the lowest recorded in the last five quarters, indicating a deterioration in operational efficiency.

Earnings per share (EPS) dropped to Rs -1.68, highlighting a decrease in profitability and lower returns for shareholders. Notably, there was an increase in non-operating income to Rs 11.00 crore, the highest in five quarters, although this may not represent a sustainable source of revenue.

Overall, Rallis India's financial performance for the quarter reflects significant challenges. Additionally, the company saw an adjustment in its evaluation, which may be reflective of the current operational trends and financial results.