Are Satchmo Holdings latest results good or bad?

Satchmo Holdings has reported financial results for the quarter ending March 2025 that reflect significant challenges in its operational performance. The Profit Before Tax (PBT) recorded a figure of Rs -9.64 crore, which represents a notable decline compared to the average PBT of the previous four quarters. Similarly, the Profit After Tax (PAT) has dropped to Rs -7.10 crore, indicating a substantial deviation from the average PAT of the prior quarters.
In terms of sales, the net sales for the nine-month period reached Rs 9.99 crore, showing a year-on-year decline of 68.63%. The Earnings per Share (EPS) has also fallen to Rs -0.57, marking the lowest level in the last five quarters, which suggests a decline in profitability. Furthermore, the Debtors Turnover Ratio has decreased to 0.63 times, the lowest in the last five half-yearly periods, indicating a slowdown in the company's ability to settle debts.

In the more recent quarter ending June 2025, there was a reported net sales growth of -27.78% compared to the previous quarter, which is an improvement from the -95.26% observed in March 2025. The consolidated net profit showed a growth of 68.85% in the same period, compared to the previous quarter's performance. However, the operating profit margin remains significantly negative, reflecting ongoing operational difficulties.

Overall, Satchmo Holdings has experienced a challenging financial period, and there has been an adjustment in its evaluation based on these results.