Are Sunshine Capital latest results good or bad?

Sunshine Capital has reported financial results for the quarter ending March 2025 that reflect significant challenges across various performance metrics. The net sales for the nine-month period amounted to Rs 6.06 crore, which represents a substantial year-on-year decline of 91.83%. This sharp decrease highlights a concerning trend in the company's sales performance.
In terms of profitability, the profit before tax less other income (PBT) for the quarter was recorded at Rs -5.92 crore, which indicates a notable decline compared to the average PBT of Rs 1.83 crore from the previous four quarters. Similarly, the profit after tax (PAT) also showed a negative trend, with a quarterly figure of Rs -5.91 crore, down from the average PAT of Rs 1.79 crore in prior quarters.

The operating profit (PBDIT) reached its lowest point in five quarters at Rs -5.80 crore, further emphasizing the negative trajectory across multiple performance indicators. Additionally, the quarterly results reflect a QoQ growth in net sales of -187.77% and a QoQ growth in standalone net profit of -516.40%, both of which illustrate a challenging operational environment.

Overall, these results suggest that Sunshine Capital is experiencing significant operational difficulties. Furthermore, the company saw an adjustment in its evaluation, reflecting the current financial landscape.