Are Dharan Infra-EPC latest results good or bad?

KBC Global, a microcap company in the realty sector, has reported financial results for the quarter ending March 2025 that reflect significant challenges. The net sales for this period reached Rs 8.66 crore, which represents a year-on-year decrease of 57.98%. This decline indicates a troubling trend in the company's sales performance, suggesting difficulties in generating revenue.
The profit after tax (PAT) for the same nine-month period was recorded at Rs -22.93 crore, also showing a year-on-year drop of 57.98%. This negative PAT highlights ongoing challenges in achieving profitability for KBC Global. Furthermore, the company's interest expenses have surged dramatically, with a notable increase in borrowing costs, which may further strain its financial health.

In the quarterly results snapshot for March 2025, net sales experienced a year-on-year decline of 89.08%, while the consolidated net profit showed a year-on-year growth of 55.50%, albeit from a negative base. The operating profit margin (excluding other income) remained negative, indicating persistent operational difficulties. Additionally, interest expenses rose significantly, suggesting increased financial burdens.

Overall, KBC Global's recent financial results underscore the significant challenges the company is facing in the realty industry. The company saw an adjustment in its evaluation, reflecting the current operational trends and financial performance.