Are DE Nora India latest results good or bad?

Jul 31 2025 07:14 PM IST
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DE Nora India's latest results show significant growth in net sales and profit before tax, but a decline in profit after tax and concerns over reliance on non-operating income indicate mixed performance. Overall, while there are positive trends, challenges remain regarding sustainability.
DE Nora India has reported its financial results for the quarter ending June 2025, showcasing a significant growth in net sales, which reached Rs 41.97 crore, reflecting a notable increase compared to the average net sales of Rs 17.15 crore over the previous four quarters. This quarter also displayed a substantial improvement in profit before tax (PBT), which amounted to Rs 1.98 crore, indicating a remarkable change from an average PBT of Rs -0.78 crore in the prior four quarters.

However, the results also reveal some challenges. The profit after tax (PAT) for the latest six months was reported at Rs 6.59 crore, which represents a year-on-year decline of 22.83%. Additionally, it is important to note that a significant portion of the PBT, approximately 54.38%, was derived from non-operating income, which raises questions about the sustainability of the company's income sources.

In terms of quarterly performance, the net sales for the quarter ending June 2025 exhibited a growth of 108.49% compared to the previous quarter, while the standalone net profit showed a slight decline of 2.69%. The operating profit margin, excluding other income, also experienced a decrease of 13.19%.

Overall, DE Nora India has seen an adjustment in its evaluation, reflecting the mixed operational trends evident in the financial results.
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