Lykis Reports Significant Decline in Sales and Profitability in May 2025 Results

Lykis, a microcap company in the Trading & Distributors industry, has recently reported its financial results for the quarter ending March 2025. The results, declared on May 23, 2025, indicate notable shifts in the company's financial metrics.
The company's net sales for the quarter stood at Rs 61.44 crore, reflecting a significant decline compared to the average of Rs 89.05 crore over the previous four quarters. This marks the lowest sales figure recorded in the last five quarters, suggesting a challenging near-term sales trend.

Additionally, Lykis reported a profit after tax (PAT) of Rs -0.69 crore, which represents a considerable deviation from the average PAT of Rs 0.83 crore in the preceding quarters. This negative PAT trend further underscores the difficulties faced by the company.

Interestingly, Lykis has also seen a substantial increase in non-operating income, which accounted for 3,275% of profit before tax. While this figure is the highest recorded in the last five quarters, reliance on non-business activities raises concerns about the sustainability of this income stream.

In light of these developments, Lykis has experienced an adjustment in its evaluation, reflecting the current financial landscape.

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