Are Indiabulls Enter latest results good or bad?

Indiabulls Enterprises has reported its financial results for the quarter ending March 2025, revealing significant challenges in its operational performance. The company experienced a notable decline in profitability, with Profit Before Tax (PBT) dropping to Rs -121.46 crore, which is substantially lower than the average PBT of the previous four quarters. Similarly, Profit After Tax (PAT) also fell to Rs -119.33 crore, indicating a concerning trend in financial health.
Interest expenses surged dramatically to Rs 1.70 crore, suggesting an increase in borrowings, which could further strain the company's financial position. The Operating Profit reached its lowest point at Rs -115.61 crore, with an operating profit margin of -861.48%, highlighting operational inefficiencies.

While there was a slight decline in net sales of -1.94% compared to the previous quarter, the consolidated net profit showed a significant change, with a reported growth of 95.19% from the prior period. However, this growth comes from a very low base, indicating that the overall financial outlook remains challenging for Indiabulls Enterprises.

Additionally, the company saw an adjustment in its evaluation, reflecting the difficulties faced in this reporting period. Despite a notable improvement in the Debtors Turnover Ratio, the overall financial data suggests that Indiabulls Enterprises is navigating through a difficult phase.