Are ITD Cem latest results good or bad?

ITD Cementation India has reported its financial results for the quarter ending June 2025, highlighting several key operational metrics. The company achieved a profit after tax (PAT) of Rs 137.22 crore, which reflects a notable growth of 47.2% compared to the average PAT of Rs 93.20 crore over the previous four quarters. This positive trend is further supported by a profit before tax (PBT) of Rs 148.99 crore, also reaching a five-quarter high and showing a growth of 33.3% from the previous average.
In terms of sales performance, ITD Cementation recorded net sales of Rs 2,542.37 crore, marking the highest level in five quarters. The inventory turnover ratio improved to 14.18 times, indicating efficient management of inventory. Additionally, the company's earnings per share (EPS) peaked at Rs 7.99, reflecting enhanced profitability. The debt-equity ratio also saw an improvement to 0.52 times, the lowest in five half-year periods, suggesting a reduction in borrowing relative to equity capital.

However, when comparing the quarter ending June 2025 to the previous quarter, there was a net sales growth of 2.53%, which is a decrease from the 10.46% growth observed in March 2025. Similarly, the consolidated net profit growth of 20.85% is lower than the 30.49% growth reported in the prior quarter. The operating profit margin, excluding other income, also saw a decline, indicating a shift in operational efficiency.

Overall, while ITD Cementation India has demonstrated strong performance in several areas, the company experienced an adjustment in its evaluation based on the comparative quarterly growth metrics.