Are Everest Inds. latest results good or bad?

Everest Industries has reported its financial results for the quarter ending March 2025, highlighting several operational trends. The company experienced a net sales growth of 4.75% compared to the same quarter last year, which contrasts with a decline of 3.18% in the previous year. However, the profit before tax (PBT) was reported at Rs -8.69 crore, indicating a substantial decline year-on-year, while the profit after tax (PAT) was Rs -0.15 crore, reflecting a drop compared to the prior year.
The interest expenses have reached their highest level in the last five quarters at Rs 7.30 crore, marking a notable quarter-on-quarter increase, which suggests increased borrowing and potential financial strain. Additionally, non-operating income peaked at Rs 6.52 crore, raising concerns about its sustainability given the company's reliance on income from non-business activities.

Overall, the financial results indicate ongoing challenges for Everest Industries, with a revision in its evaluation noted in the context of these results. The data suggests that while there are some positive trends in net sales, the overall financial performance remains under pressure.