Are Bharat Road latest results good or bad?
Bharat Road Network's latest results show a significant increase in Profit After Tax, up 470.90% year-on-year to Rs 164.83 crore, indicating improved profitability. However, the company faces challenges with a 49% decline in net sales and a drop in operating profit, suggesting mixed overall performance.
Bharat Road Network has reported its financial results for the quarter ending March 2025, revealing a mixed performance. The Profit After Tax (PAT) for the last six months is recorded at Rs 164.83 crore, showcasing a significant year-on-year growth of 470.90%, which is a notable shift from the PAT of Rs -67.15 crore in the previous twelve-month period. This indicates a positive trend in profitability for the company.However, the company has encountered challenges with its net sales, which have decreased by 49.00% year-on-year, amounting to Rs 47.26 crore. This figure represents the lowest quarterly sales in the past five quarters, suggesting a concerning trend in sales performance. Additionally, the operating profit (PBDIT) has also declined to Rs 5.24 crore, marking the lowest level in the same timeframe.
Overall, while Bharat Road Network has demonstrated remarkable improvement in profitability, it is currently facing difficulties with declining sales and operating profit. Furthermore, the company saw an adjustment in its evaluation, reflecting the complexities of its financial performance during this period.
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