Elcid Investments Reports Significant Financial Declines Amid Operational Challenges in March 2025 Results

Elcid Investments, a small-cap holding company, has reported its financial results for the quarter ending March 2025, revealing notable challenges in its performance. The company's score has experienced an adjustment in evaluation, moving to -16 from -15 over the past three months.
The financial data indicates a significant decline in key metrics. Profit Before Tax less Other Income (PBT) for the quarter stands at Rs -21.17 crore, reflecting a substantial shift compared to the average PBT of Rs 61.81 crore from the previous four quarters. Similarly, Profit After Tax (PAT) has also shown a marked decline, reported at Rs -19.54 crore, contrasting sharply with the average PAT of Rs 47.11 crore in the prior periods.

Net sales for the nine-month period reached Rs 33.61 crore, which represents a considerable year-on-year decrease of 68.06%. The operating profit has hit a low of Rs -20.90 crore, and the operating profit margin has fallen to 0.00%, indicating a decline in operational efficiency. Additionally, earnings per share (EPS) have reached a low of Rs -977.00, suggesting a reduction in profitability for shareholders.

Despite these challenges, non-operating income has seen an increase, reported at Rs 1.21 crore, although its sustainability remains uncertain.

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