Ashima Reports Declining Financial Results, Signaling Challenges Ahead for Growth

Ashima, a microcap company in the Garments & Apparels industry, has recently reported its financial results for the quarter ending March 2025. The results, declared on May 24, 2025, indicate a challenging period for the company, with notable declines across key financial metrics. Net sales for the nine-month period reached Rs 8.26 crore, reflecting a significant contraction compared to the previous year. The profit before tax less other income (PBT) for the quarter was recorded at Rs -8.18 crore, marking a substantial decline year on year. Similarly, the profit after tax (PAT) stood at Rs -1.99 crore, also showing a considerable decrease compared to the same quarter last year. These figures suggest that Ashima is facing considerable headwinds, as indicated by the negative trends in both sales and profitability. In light of these results, the company has experienced an adjustment in its evaluation, with its score shifting to -15 from -24 over the past three months. For those interested in further insights, Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.