Are Sreeleathers latest results good or bad?

Sreeleathers has reported its financial results for the quarter ending June 2025, which indicate a challenging period for the company. The Profit Before Tax less Other Income (PBT) is recorded at Rs 3.57 crore, reflecting a significant decline of 42.79% year-on-year. Additionally, the Profit After Tax (PAT) has decreased to Rs 2.93 crore, down 36.4% compared to the previous year.
The Operating Profit (PBDIT) has also reached its lowest level in the last five quarters, standing at Rs 3.97 crore, accompanied by a decline in the Operating Profit Margin, which is now at 7.97%. This suggests a deterioration in operational efficiency. Furthermore, the Earnings per Share (EPS) is reported at Rs 1.27, marking the lowest figure in five quarters, indicating reduced profitability and earnings for shareholders.

Despite these challenges, Sreeleathers did experience a modest growth in net sales, with a year-on-year increase of 2.28%. However, the standalone net profit has shown a decline of 36.44% compared to the previous year. Overall, the financial performance of Sreeleathers for this quarter reflects a negative trend across multiple key indicators, leading to an adjustment in its evaluation.