Are Vertex Secur. latest results good or bad?

Vertex Securities has reported its financial results for the quarter ending March 2025, revealing a significant downturn in key performance metrics. The company's profit before tax less other income (PBT) was recorded at Rs -0.81 crore, which represents a year-on-year decline of 235%, marking the lowest PBT in the last five quarters. This decline indicates a concerning trend in the company's financial health.
Additionally, the operating profit (PBDIT) also fell to Rs -0.66 crore, the lowest point in the same five-quarter timeframe, highlighting ongoing challenges in operational performance. The earnings per share (EPS) similarly reflected a downturn, with the latest figure at Rs -0.07, again the lowest in five quarters, suggesting reduced profitability and earnings for shareholders.

The net sales for the quarter showed a year-on-year growth of -52.96%, a stark contrast to the previous year's growth of 111.03%. Furthermore, the consolidated net profit exhibited a year-on-year growth of -178.26%, compared to a positive growth of 216.95% in the prior year.

Overall, Vertex Securities has faced a notable decline in its financial performance, leading to an adjustment in its evaluation over the past three months. The data indicates a challenging operational environment for the company, as evidenced by the significant drops across various financial metrics.