Are Candour Techtex latest results good or bad?

Candour Techtex has reported its financial results for the quarter ending March 2025, revealing a mixed operational performance. The company achieved its highest quarterly net sales in the last five quarters, totaling Rs 53.82 crore, which reflects a growth of 22.0% compared to the average net sales of Rs 44.12 crore from the previous four quarters. This indicates a favorable trend in sales for the near term.
However, the company encountered significant challenges in profitability. The profit after tax (PAT) fell to Rs -0.74 crore, representing a notable decline compared to the average PAT of Rs 0.32 crore from the previous four quarters. Additionally, the operating profit decreased to Rs 0.04 crore, marking the lowest level in five quarters, with the operating profit margin also declining to 0.07%. Profit before tax (PBT) reached Rs -1.57 crore, and earnings per share (EPS) decreased to Rs -0.41, highlighting a decline in profitability and shareholder earnings.

Furthermore, the company saw an adjustment in its evaluation over the past three months. The quarterly results indicate a net sales growth of 15.92% compared to the previous quarter, while the standalone net profit showed a significant decline of 364.29%. Overall, while Candour Techtex experienced positive sales growth, the challenges in profitability are noteworthy and may impact future performance.