Are Kridhan Infra latest results good or bad?

Kridhan Infra has released its financial results for the quarter ending June 2025, which present a mixed picture of the company's performance. The company reported a flat financial performance for the quarter, with a significant decline in net sales and consolidated net profit compared to the previous quarter. Specifically, net sales experienced a reduction of 40.31%, while consolidated net profit saw a decrease of 76.39%.
In terms of profitability, Kridhan Infra's Profit After Tax (PAT) for the first half of the fiscal year stands at Rs 1.10 crore, reflecting a notable turnaround from a loss of Rs 183.72 crore in the previous twelve-month period. This indicates a substantial year-on-year growth of 100.60% in PAT, suggesting that the company has effectively improved its profitability within a short timeframe.

Additionally, the Debtors Turnover Ratio for the half-year period reached 5.16 times, indicating enhanced efficiency in managing receivables compared to prior periods.

It is also worth noting that the company saw an adjustment in its evaluation over the past three months. Overall, while there are positive trends in profitability and operational efficiency, the quarterly results indicate challenges in sales and profit margins that warrant attention.