Are Shiva Mills latest results good or bad?

Shiva Mills has reported its financial results for the quarter ending March 2025, revealing several challenges in its operational performance. The company experienced a decline in net sales, which totaled Rs 41.04 crore, marking a year-on-year decrease of 13.27%. This decline indicates a negative trend in sales performance compared to the previous year, where the company had reported a growth of 24.13%.
In terms of profitability, Shiva Mills faced significant difficulties, with standalone net profit showing a decline of 271.11% compared to the previous year, where it had a positive growth of 123.68%. The operating profit also reflected a challenging environment, decreasing by 65.28%, which is a stark contrast to the modest growth of 1.93% seen in the prior year.

Additionally, the operating profit margin, excluding other income, fell to 1.63%, down by 2.45% from the previous year. This suggests that the company is struggling to maintain its profitability amid declining sales.

Overall, the financial results indicate that Shiva Mills is facing significant operational challenges, particularly in maintaining sales momentum and profitability. It is noteworthy that the company saw an adjustment in its evaluation over the last three months, reflecting the ongoing concerns regarding its financial health.