Are Sikozy Realtors Ltd latest results good or bad?

Sikozy Realtors Ltd's latest financial results reveal a concerning trend of operational inactivity and persistent losses. The company has reported zero revenue for seven consecutive quarters, raising significant doubts about its operational viability. In Q2 FY26, Sikozy Realtors recorded a net loss of ₹0.07 crores, which represents a widening of losses compared to the previous quarter and a substantial increase from the same quarter last year. This pattern of losses indicates a deteriorating financial health, with net losses escalating from ₹0.02 crores in Q2 FY25 to the current ₹0.07 crores. The company's operating profit before depreciation, interest, and tax (PBDIT) remained at negative ₹0.04 crores, unchanged from the previous quarter but reflecting a decline from the same period last year. Additionally, interest expenses increased to ₹0.03 crores, further straining the already negative margins. The financial records indicate that Sikozy Realtors has no sales revenue, and its book value per share has dropped to ₹0.01, highlighting a significant erosion of shareholder equity. The balance sheet shows a precarious position, with negative reserves and minimal working capital. The company's shareholder funds have decreased over the past year, indicating ongoing financial distress. Furthermore, promoter holding is notably low at 0.27%, suggesting a lack of confidence from management in the company's prospects. Overall, Sikozy Realtors Ltd's financial performance underscores serious operational concerns, with no revenue generation, increasing losses, and a deteriorating balance sheet. The company has seen an adjustment in its evaluation, reflecting its challenging financial situation.