Nidhi Granites Reports March 2025 Results, Highlights Significant Financial Challenges

Nidhi Granites, a microcap company in the miscellaneous industry, has recently reported its financial results for the quarter ending March 2025. The results indicate a notable shift in the company's financial standing, with a revision in its score reflecting the challenges faced during this period. The Profit After Tax (PAT) for the quarter stands at Rs -0.88 crore, marking a significant deviation from the average PAT of Rs 0.72 crore observed over the previous four quarters. This trend suggests a considerable decline in profitability. Additionally, net sales for the quarter reached Rs 10.48 crore, which is lower than the average of Rs 11.54 crore from the prior four quarters, indicating a downward trajectory in sales performance. Operating profit has also reached its lowest point in the last five quarters at Rs -0.67 crore, further highlighting the company's struggles. The operating profit margin has similarly declined to -6.39%, reflecting a deterioration in operational efficiency. Furthermore, the earnings per share (EPS) have fallen to Rs -1.10, underscoring the challenges in generating returns for shareholders. Overall, Nidhi Granites is navigating a difficult financial landscape, as evidenced by these recent results. Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.