Are Skyline Millars latest results good or bad?

Skyline Millars has reported its financial results for the quarter ending June 2025, which reveal a complex operational landscape. Notably, the company achieved a Debtors Turnover Ratio of 10.14 times, indicating effective management in settling debts, marking a high point in this metric over the last five half-yearly periods.
However, several financial indicators highlight challenges faced by the company. The Operating Profit (PBDIT) for the quarter stands at Rs -0.42 crore, which is the lowest recorded in the last five quarters, suggesting a negative trend in operational profitability. Similarly, the Profit Before Tax (PBT) has also reached a low of Rs -0.41 crore, reflecting a declining profitability trend. The Earnings per Share (EPS) is reported at Rs -0.08, again the lowest in five quarters, indicating reduced earnings for shareholders.

Furthermore, cash and cash equivalents have decreased to Rs 5.07 crore, the lowest in the last six half-yearly periods, which may signal challenges in short-term liquidity. The net sales for the quarter showed a significant decline of 74.65% compared to the previous quarter, while the standalone net profit experienced a substantial drop of 261.90%.

In light of these results, Skyline Millars has seen an adjustment in its evaluation, reflecting the overall operational challenges and financial performance during this period.