Are GMR Urban latest results good or bad?

GMR Power & Urban Infra has reported financial results for the quarter ending June 2025 that indicate a challenging operational environment. The company's Profit Before Tax less Other Income (PBT) was recorded at Rs -227.88 crore, which represents a significant decline compared to the average PBT of the previous four quarters. Similarly, the Profit After Tax (PAT) for the quarter was Rs -101.36 crore, reflecting a notable drop from the average PAT over the last four quarters.
In terms of revenue, the net sales for the quarter showed a decrease of 5.12% compared to the previous quarter, while the consolidated net profit experienced a substantial decline of 117.84%. The operating profit margin, excluding other income, also faced challenges, indicating a lower capacity to generate profit from operations.

Additionally, the company's operating profit to interest ratio has reached its lowest level in five quarters at 0.91 times, suggesting difficulties in managing interest obligations. The debt-equity ratio has increased to 17.48 times, marking the highest level in the last five half-yearly periods, which raises concerns regarding the company's reliance on debt for funding operations.

Overall, these results indicate a deterioration in GMR Power & Urban Infra's financial position. Furthermore, the company saw an adjustment in its evaluation, reflecting the ongoing challenges it faces in the current market environment.