Are Goa Carbon latest results good or bad?

Goa Carbon has reported its financial results for the quarter ending June 2025, revealing a mixed performance. The company achieved net sales of Rs 199.25 crore, which represents a notable growth of 56.7% compared to the average net sales of Rs 127.12 crore over the previous four quarters. This figure marks the highest net sales recorded in the last five quarters, indicating a favorable trend in sales activity.
However, the profitability metrics present challenges for Goa Carbon. The profit before tax (PBT) was reported at Rs -13.50 crore, reflecting a decline of 35.8% from the average PBT of Rs -9.94 crore in the previous four quarters. Similarly, the profit after tax (PAT) stood at Rs -7.95 crore, down 44.3% from the average PAT of Rs -5.51 crore during the same period. This suggests a negative trend in profitability despite the positive sales growth.

In terms of quarterly performance, the net sales for the quarter ending June 2025 showed a growth of 50.84% compared to the previous quarter, while the standalone net profit experienced a decline of 21.56%. The operating profit margin, excluding other income, was reported at -3.92%, indicating continued challenges in operational efficiency.

Overall, Goa Carbon's financial results reflect a significant increase in sales but also highlight ongoing difficulties in achieving profitability. The company saw an adjustment in its evaluation in light of these results.