Are IB Infotech latest results good or bad?

IB Infotech Enterprises has reported its financial results for the quarter ending March 2025, which reveal significant challenges in its operational performance. The company experienced a notable decline in net sales, with a year-over-year growth rate of -28.10%, contrasting sharply with the previous year's growth of 150.82%. This decline indicates a substantial reduction in revenue generation compared to the same quarter last year.
Additionally, the standalone net profit also reflected a downward trend, with a year-over-year growth rate of -18.75%, compared to a positive growth of 14.29% in the prior year. This suggests that the company is facing difficulties in maintaining profitability, as evidenced by the Profit Before Tax (PBT) reaching its lowest level in the last five quarters at Rs 0.13 crore. The Earnings per Share (EPS) has similarly hit a five-quarter low at Rs 1.02, indicating lower earnings for shareholders.

Furthermore, the company saw an adjustment in its evaluation over the past three months, which may reflect the ongoing challenges in its financial health. Overall, the results highlight the operational difficulties faced by IB Infotech in sustaining profitability and delivering value to its shareholders.