Are Shiva Cement latest results good or bad?

Shiva Cement's financial results for the quarter ending March 2025 present a complex scenario. The company reported net sales of Rs 106.34 crore, reflecting a growth of 21.8% compared to the average net sales of Rs 87.34 crore over the previous four quarters. This sales growth is a significant highlight for the company, indicating a positive trend in revenue generation.
However, the profitability metrics reveal a contrasting picture. The profit before tax (PBT) was reported at Rs -43.12 crore, which is a decline of 21.7% from the average PBT of Rs -35.43 crore in the prior four quarters. Furthermore, the profit after tax (PAT) fell to Rs -53.22 crore, marking a decline of 110.6% compared to the average PAT of Rs -25.27 crore from the previous four quarters. This represents the lowest PAT recorded in the last five quarters, suggesting ongoing challenges in achieving profitability.

Earnings per share (EPS) also reflected these struggles, dropping to Rs -1.80. The overall financial results for Shiva Cement indicate a mixed performance, characterized by growth in sales but significant losses in profitability.

Additionally, there has been an adjustment in the company's evaluation, reflecting the complexities of its financial performance during this period. The quarterly results snapshot shows a notable increase in net sales quarter-over-quarter, while the standalone net profit experienced a decline. The operating profit margin also shifted, indicating further challenges in operational efficiency.