Are Campus Activewe. latest results good or bad?

Campus Activewear has reported its financial results for the quarter ending March 2025, revealing a mixed operational performance. The company experienced a decline in net sales, which fell by 21.19% compared to the previous quarter, contrasting sharply with a significant growth of 54.46% in the prior quarter. Similarly, standalone net profit also saw a decrease of 24.62% quarter on quarter, following a substantial increase of 224.97% in the previous period.
On a more positive note, the Profit After Tax (PAT) for the last six months reached Rs 81.50 crore, reflecting a year-on-year growth of 41.39%, indicating a favorable trend in profitability despite the recent quarterly challenges. However, the company faced rising financial pressures, as the quarterly interest expense surged to Rs 6.36 crore, marking a significant increase of 47.91% from the previous quarter, suggesting potential increases in borrowings.

Additionally, non-operating income reached its highest level in the last five quarters at Rs 5.29 crore, which raises questions about the sustainability of this income derived from non-business activities. Overall, while Campus Activewear has shown notable growth in PAT, the recent financial results indicate challenges with sales, profit margins, and rising costs, leading to an adjustment in its evaluation.