Are Saraswati Saree latest results good or bad?

Aug 14 2025 08:09 PM IST
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Saraswati Saree Depot's latest results show a profit after tax growth of 23.73% to Rs 14.91 crore, but net sales declined by 9.1% to Rs 136.35 crore, indicating mixed performance with challenges in sales and operating metrics.
Saraswati Saree Depot has reported its financial results for the quarter ending March 2025, highlighting a mix of operational trends. The profit after tax (PAT) for the quarter reached Rs 14.91 crore, reflecting a year-on-year growth of 23.73%. This positive development has contributed to an adjustment in the company's evaluation over the past three months.

However, the company faced challenges in net sales, which amounted to Rs 136.35 crore for the quarter. This figure indicates a decline of 9.1% when compared to the average net sales of Rs 150.02 crore from the previous four quarters. Additionally, the quarterly results show a significant decrease in net sales growth of 25.14% compared to the previous quarter, which had a growth rate of 10.56%.

The operating profit, excluding other income, also experienced a decline, with a reported decrease of 28.55% from the previous quarter. The standalone net profit showed a decline of 10.79% compared to the prior quarter, which had a growth of 7.88%. The operating profit margin, excluding other income, slightly decreased by 0.32%.

Overall, the contrasting trends of profit growth alongside declining sales and operating metrics underscore the complexities of Saraswati Saree Depot's performance within the competitive garments and apparel sector.
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