Sita Enterprises reported a loss of ₹0.81 crore for Q3 FY25, a significant decline from a profit of ₹0.61 crore in the same period last year. Revenue for the quarter dropped by 20% year-on-year, reaching ₹0.12 crore, with a 14.29% decline compared to the previous quarter.
The company’s operating income also took a hit, falling 14.29% quarter-over-quarter and 40% year-over-year. Despite steady Selling, General, and Administrative (SG&A) expenses, net income before taxes plummeted by 432%, and earnings per share (EPS) dropped by 232.35%, standing at ₹-2.7 for the quarter.
On a brighter note, Sita Enterprises has shown significant growth in its stock price, posting a 20.35% return in the last week, a staggering 265.27% return over the last six months, and 61.02% year-to-date.
Currently valued at ₹58.73 crore, the company’s stock has fluctuated between ₹32.05 and ₹195.75 over the past 52 weeks. Despite the financial struggles, investor sentiment remains optimistic, given the impressive stock performance.