Are Hardwyn India latest results good or bad?

Hardwyn India has reported its financial results for the quarter ending December 2024, which reflect a complex operational landscape. For the half-year, the company achieved net sales of Rs 98.04 crore, indicating a year-on-year growth of 36.47%. This suggests a robust performance in the near term.
However, when examining the quarterly results specifically for December 2024, there is a notable decline in net sales, which decreased by 13.49% compared to the previous quarter. Similarly, the standalone net profit showed a modest growth of 1.81%, a significant reduction from the 222.50% growth reported in the prior quarter.

The operating profit margin, excluding other income, was reported at 14.92%, reflecting a slight change from the previous quarter's margin of 18.21%. Additionally, the interest expenses saw a substantial increase, which may impact the overall profitability moving forward.

It is also important to note that Hardwyn India experienced an adjustment in its evaluation over the past three months, which stakeholders may want to consider when assessing the company's current market position. Overall, the financial results indicate a mix of strong year-on-year growth alongside recent quarterly challenges.