Are HB Estate Devel. latest results good or bad?

HB Estate Developers has reported its financial results for the quarter ending March 2025, showcasing a positive performance in several key areas despite an adjustment in its evaluation over the past three months. The company's Profit After Tax (PAT) for the latest six months reached Rs 9.40 crore, reflecting a year-on-year growth of 55.89%, which surpasses the PAT recorded in the previous twelve-month period.
In terms of operational efficiency, the company achieved its highest Operating Profit to Interest ratio in the last five quarters at 2.61 times, indicating effective management of interest payments. The quarterly net sales reached Rs 33.23 crore, marking the highest figure in recent quarters, alongside an Operating Profit (PBDIT) of Rs 13.26 crore, both of which suggest favorable near-term trends. Additionally, the Profit Before Tax (PBT), excluding other income, reached Rs 6.30 crore, also the highest in the last five quarters.

However, the quarterly results indicate a QoQ growth of 5.79% in net sales, which is lower than the previous quarter's growth. Similarly, the consolidated net profit experienced a decline of 4.98% compared to the previous quarter. The Operating Profit Margin, excluding other income, also saw a slight decrease. Overall, while HB Estate Developers has demonstrated strong financial performance in certain areas, the recent trends in growth rates suggest a need for careful observation moving forward.