Are Solid Stone Co latest results good or bad?

Solid Stone Company has reported its financial results for the quarter ending March 2025, revealing a mix of operational trends. The company achieved net sales of Rs 7.64 crore, which represents a significant growth compared to the average net sales of Rs 5.77 crore over the previous four quarters. This indicates a strengthening market position for Solid Stone Company.
Operating profit reached Rs 1.13 crore, marking the highest level in the last five quarters, with an operating profit margin of 14.79%, suggesting improved operational efficiency. Furthermore, profit before tax (PBT) also climbed to Rs 0.42 crore, the highest in the last five quarters, reflecting effective management of the company's financial resources.

However, when comparing the quarter ended March 2025 to the previous quarter, net sales experienced a decline of 10.33%, and consolidated net profit saw a decrease of 28.57%. This contrast highlights some challenges in the most recent quarter despite the overall positive trends observed over a longer period.

The company's debtor turnover ratio of 5.32 times is noteworthy, representing the best performance in the last ten half-yearly periods, which indicates effective management of receivables. Profit after tax (PAT) for the nine-month period stands at Rs 0.78 crore, surpassing the Rs 0.64 crore recorded in the previous twelve months.

Overall, Solid Stone Company has experienced an adjustment in its evaluation, reflecting the complexities of its recent financial performance.