Are Solid Stone Co latest results good or bad?

Solid Stone Company has reported its financial results for the quarter ending June 2025, which present a mixed picture of growth and profitability challenges. The company experienced a notable year-on-year growth in net sales, reaching Rs 21.83 crore, which reflects a 32.87% increase compared to the previous year. This indicates a favorable trend in sales performance. Furthermore, the debtors turnover ratio improved to 5.32 times over the last five half-yearly periods, suggesting that Solid Stone has been effective in managing its receivables.
However, the company faced significant challenges in profitability, with earnings per share (EPS) reported at Rs 0.07, marking the lowest level in the last five quarters. This decline in EPS points to difficulties in generating higher earnings for shareholders.

In terms of quarterly performance, the results show a decline in net sales by 25.79% compared to the previous quarter, alongside a substantial drop in consolidated net profit by 80%. The operating profit also decreased by 28.32%, indicating challenges in maintaining profitability. Additionally, the operating profit margin saw a slight decline of 0.50%.

Overall, Solid Stone Company's latest financial results highlight a combination of positive sales growth and significant profitability challenges, leading to an adjustment in its evaluation.