Thats a terrible result & no good at all

If your up for it, another test...
Tape a felt tip pen to your Spindle or Z axis. Will it now draw a round circle on a piece of paper or card ?
If it does then there is a mechanical issue with your machine, if it is still a bad circle then it could be related to your GCode or possibly a bad Mach setting somewhere.
Perhaps .zip and post a copy of your GCode so we can test it and also a copy of <your profile> .xml file (typically Mach3Mill.xml) from your Mach3 folder. The .xml file contains all your machine settings and we can test that they are correct or otherwise.
Tweakie.