MIRC Electronics Reports Declining Sales and Profitability Challenges in May 2025 Results

MIRC Electronics, a player in the Electronics & Appliances industry, has recently reported its financial results for the quarter ending March 2025. The results, declared on May 20, 2025, indicate a challenging period for the company, with notable declines in key financial metrics.
Net sales for the quarter stood at Rs 200.72 crore, reflecting a significant contraction compared to the same period last year, with a year-on-year change of -32.38%. This trend suggests ongoing difficulties in generating revenue, which may impact the company's operational outlook. Additionally, the Profit After Tax (PAT) for the latest six months was recorded at Rs -6.32 crore, marking a year-on-year decline of -37.85%. This indicates a continued struggle in profitability, further emphasizing the challenges faced by MIRC Electronics.

In light of these results, there has been an adjustment in evaluation, with the score improving to -11 from -15 over the past three months. This revision reflects the ongoing assessment of the company's financial health amidst the current market conditions.

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