Are Salasar Techno latest results good or bad?

Salasar Techno Engineering has reported its financial results for the quarter ending June 2025, reflecting a mixed operational performance. The company achieved net sales of Rs 1,158.66 crore for the nine-month period, which represents a year-on-year growth of 20.04%. This indicates a positive trend in sales over a longer timeframe. However, for the quarter ending June 2025, net sales growth was recorded at 2.10%, a decline compared to the previous year’s growth of 12.27%.
The operating profit margin for the quarter was noted at 9.97%, which is the highest it has been in the last five quarters, suggesting enhanced operational efficiency. Despite this, the company faced challenges in profitability, with profit before tax (PBT) declining to Rs 10.12 crore, down 23.28% year-on-year, and profit after tax (PAT) decreasing to Rs 8.51 crore, reflecting an 18.9% decline year-on-year.

Additionally, the debt-equity ratio improved to 0.40 times, the lowest in the last five half-yearly periods, indicating a reduction in borrowing relative to equity capital. Overall, while Salasar Techno has shown some positive trends in sales and operational efficiency, the decline in profitability metrics suggests areas of concern. The company also saw an adjustment in its evaluation over the past three months.