Are IKIO Tech latest results good or bad?

IKIO Technologies has reported its financial results for the quarter ending June 2025, highlighting several operational trends. The company declared a profit before tax (PBT) of Rs 2.18 crore, which represents a notable decline of 68.1% compared to the average PBT of Rs 6.83 crore over the previous four quarters. Similarly, the profit after tax (PAT) was recorded at Rs 2.12 crore, down 72.6% from the average PAT of Rs 7.73 crore during the same period.
On a quarterly basis, the company experienced a net sales growth of 6.99% compared to a decline of 7.60% in the previous quarter, indicating a positive shift in sales performance. The consolidated net profit showed a significant growth of 190.60% compared to the previous quarter, which had reported a decline of 129.70%. Additionally, the operating profit margin, excluding other income, was noted at 9.40%, reflecting a change of 3.89% from the previous quarter.

IKIO Technologies has also made progress in managing its debt, achieving a debt-equity ratio of 0.09 times, which is the lowest in the last five half-year periods, suggesting a consistent reduction in borrowing relative to equity capital. However, the company's reliance on non-operating income, which constitutes 48.46% of its PBT, raises concerns about the sustainability of its business model.

Overall, the company saw an adjustment in its evaluation, reflecting the current financial performance and operational trends.