Suraj Reports Declining Financial Results, Signals Challenges Ahead for Growth

Suraj, a microcap company in the Iron & Steel Products industry, has recently reported its financial results for the quarter ending March 2025. The results, declared on May 26, 2025, indicate a significant shift in the company's financial standing, reflected in an adjustment in its evaluation score.
The financial data reveals a decline in net sales, which totaled Rs 58.75 crore, marking a notable year-on-year decrease. Additionally, the company reported a profit before tax less other income of Rs -9.10 crore, showcasing a substantial drop compared to the previous year. Profit after tax also reflected a negative trend, with a reported figure of Rs -5.92 crore.

Interest expenses have surged to Rs 2.02 crore, the highest in the last five quarters, indicating increased borrowing costs. This rise in interest has contributed to a challenging operating profit situation, with the operating profit margin reaching its lowest point at -3.68%. Furthermore, earnings per share have also declined, reflecting lower profitability for shareholders.

Overall, Suraj's financial performance for the quarter has prompted a revision in its score, highlighting the challenges the company faces in the current market environment.

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