Are Saraswati Commer latest results good or bad?

Saraswati Commercial (India) has reported its financial results for the quarter ending March 2025, which reveal significant challenges in both sales and profitability. For the nine-month period, net sales reached Rs 7.24 crore, reflecting a year-on-year decline of 92.67%, indicating a troubling trend in the company's sales performance.
In terms of profitability, the Profit Before Tax (PBT) for the quarter was reported at Rs -28.29 crore, which represents a dramatic fall compared to the average PBT of the previous four quarters. Similarly, the Profit After Tax (PAT) was recorded at Rs -22.95 crore, also showing a substantial decline against prior averages.

While the quarter-on-quarter results show a positive change in net sales and consolidated net profit, with growth rates of 41.50% and 41.75% respectively, these figures come after a period of significant negative performance. The operating profit margin, although showing a slight increase, remains in a challenging position.

Overall, the financial results indicate a difficult period for Saraswati Commercial, characterized by negative trends in key financial metrics. Additionally, the company saw an adjustment in its evaluation, reflecting the current financial difficulties faced.