Are Indo National latest results good or bad?

Indo National has released its financial results for the quarter ending June 2025, which reflect a complex operational landscape. The company reported a notable operating profit (PBDIT) of Rs 2.79 crore, the highest in the last five quarters, alongside an operating profit margin of 2.34%. This suggests some operational efficiency improvements despite the overall negative financial performance.
However, the company faced significant challenges, with profit after tax (PAT) declining sharply by 99.19% year-on-year to Rs 1.10 crore, and net sales experiencing a year-on-year decrease of 25.35%, totaling Rs 216.55 crore. The reliance on non-operating income, which constituted 184.87% of profit before tax (PBT), raises concerns about the sustainability of the company's income sources.

Additionally, the company saw an adjustment in its evaluation, moving from a score of -21 to -12 over the past three months. This change reflects the mixed signals in the financial results, where some operational metrics show improvement while others indicate significant declines. Overall, Indo National's latest results highlight both operational strengths and considerable challenges that need to be addressed moving forward.