Are Shiva Cement latest results good or bad?

Shiva Cement has released its financial results for the quarter ending June 2025, which present a mixed operational picture. The company reported net sales of Rs 105.61 crore, reflecting a notable growth of 35.8% compared to the average net sales of Rs 77.79 crore over the previous four quarters. This suggests a potential uptick in demand for Shiva Cement's products.
However, the Profit After Tax (PAT) for the nine-month period was Rs -117.50 crore, indicating a decline of 20.46% year-on-year. This negative trend in profitability raises concerns regarding the company's financial health moving forward.

In terms of quarterly performance, net sales showed a marginal decline of 0.69% compared to the previous quarter, which contrasts with a significant growth of 84.33% in the preceding quarter. The standalone net profit exhibited a growth of 43.10% from the previous quarter, although it remained negative at Rs -30.28 crore. The operating profit margin also reflected a slight improvement despite remaining in negative territory.

Additionally, the company saw an adjustment in its evaluation over the past three months, indicating a change in how its financial performance is perceived. Overall, while there are signs of sales growth, the persistent challenges in profitability and the mixed quarterly results suggest a complex financial landscape for Shiva Cement.