Are Harish Textile latest results good or bad?

Harish Textile Engineers has reported its financial results for the quarter ending June 2025, showcasing a significant turnaround in its performance compared to the previous year. The Profit After Tax (PAT) for the latest six months is recorded at Rs 2.68 crore, reflecting a year-on-year growth of 430.86%, a notable improvement from the previous PAT of Rs -2.17 crore. This indicates a substantial recovery in profitability for the company.
In terms of operational performance, Harish Textile achieved its highest quarterly Operating Profit (PBDIT) in the last five quarters, amounting to Rs 2.69 crore, with an Operating Profit Margin reaching 8.47%. This suggests enhanced operational efficiency during the period. Additionally, the Profit Before Tax (PBT), excluding other income, was reported at Rs 1.41 crore, marking the highest level in the last five quarters.

However, the quarterly results also show some challenges. The Net Sales experienced a decline of 2.90% compared to the previous quarter, which contrasts with the previous quarter's growth of 32.71%. Furthermore, the Standalone Net Profit saw a decrease of 23.68% from the prior quarter, which had a substantial increase of 489.74%.

Overall, while Harish Textile Engineers has demonstrated a positive trend in its annual performance, the quarterly results indicate mixed operational outcomes, leading to an adjustment in its evaluation.