Are Surana Solar latest results good or bad?

Surana Solar has reported its financial results for the quarter ending March 2025, with notable operational trends. The company achieved net sales of Rs 13.16 crore over the last six months, reflecting a year-on-year growth of 57.98%, indicating a favorable trajectory in revenue generation. However, the company has encountered challenges in profitability metrics, as evidenced by an operating profit (PBDIT) of Rs -1.00 crore, marking a significant decline compared to previous quarters. Similarly, the profit before tax (PBT) was recorded at Rs -1.41 crore, also the lowest in the last five quarters. The earnings per share (EPS) fell to Rs -0.14, suggesting a decline in profitability for shareholders.
In terms of quarterly performance, the net sales for the quarter ending June 2025 showed a decrease of 17.06% compared to the previous quarter, while the standalone net profit exhibited a growth of 139.44%, reflecting a recovery from a prior decline. The operating profit margin (excluding other income) was reported at -78.95%, indicating ongoing challenges in maintaining profitability.

Additionally, Surana Solar experienced an adjustment in its evaluation over the past three months. Overall, while there are positive signs in sales growth, the company faces significant hurdles in profitability and operational efficiency.