Are Starlog Enterp. latest results good or bad?

Starlog Enterprises has reported its financial results for the quarter ending March 2025, revealing a mixed performance. The company achieved net sales of Rs 7.86 crore, which reflects a year-on-year growth of 37.17%. However, this positive sales trend is contrasted by significant declines in profitability metrics. The profit before tax (PBT) for the quarter was Rs -3.22 crore, which represents a notable decline compared to the average PBT of the previous four quarters. Similarly, the profit after tax (PAT) fell to Rs -0.03 crore, marking a substantial decrease from the average PAT recorded in prior quarters. The earnings per share (EPS) also reached its lowest level in five quarters at Rs -0.03, indicating challenges in profitability and earnings for shareholders.
In terms of quarterly performance, the company experienced a decline in net sales compared to the previous quarter, with a reported decrease of 43.43%. The operating profit, excluding other income, also showed a significant decline, with a change of -165.53%. The consolidated net profit reflected a similar trend, with a decrease of 101.69% from the previous quarter. Additionally, the operating profit margin, excluding other income, decreased to -88.58%.

Overall, Starlog Enterprises has seen an adjustment in its evaluation, reflecting the challenges faced in profitability despite the growth in sales.