Are Sunshine Capital latest results good or bad?

Sunshine Capital has reported its financial results for the quarter ending March 2025, which reflect a significant decline across multiple key metrics. For the nine-month period, net sales reached Rs 6.06 crore, showing a year-on-year decrease of 91.83%, indicating a troubling trend in sales performance. The profit before tax less other income (PBT) for the quarter was recorded at Rs -5.92 crore, which represents a dramatic fall compared to the average PBT from the previous four quarters.
Additionally, the profit after tax (PAT) was reported at Rs -5.91 crore, marking a substantial decline from the average PAT of prior quarters. The operating profit (PBDIT) also reached its lowest point in five quarters at Rs -5.80 crore.

In terms of quarterly results, Sunshine Capital experienced a net sales decline of 187.77% compared to the previous quarter, while the standalone net profit showed a decrease of 516.40%. The operating profit margin (excluding other income) reflected a significant change as well, indicating a complex financial situation for the company.

Overall, these results suggest a negative trajectory for Sunshine Capital, and the company saw an adjustment in its evaluation in light of these developments.