Are Lancor Holdings latest results good or bad?

Lancor Holdings has reported its financial results for the quarter ending March 2025, with the announcement made on May 30, 2025. The company has shown a year-on-year growth in net sales, reaching Rs 97.54 crore, which indicates a favorable near-term sales trend. Specifically, the net sales for the quarter reflect a growth of 12.37% compared to the previous quarter, contrasting with a decline in the prior quarter.
However, the financial results also highlight significant challenges for Lancor Holdings. The profit before tax (PBT) for the quarter is reported at Rs -0.40 crore, which represents a notable decline compared to the average PBT from the previous four quarters. Similarly, the profit after tax (PAT) has decreased to Rs 0.03 crore, marking a substantial drop from the average PAT in prior quarters.

Additionally, the company has faced rising borrowing costs, as indicated by a surge in interest expenses to Rs 6.40 crore, the highest in five quarters, reflecting a quarter-on-quarter increase of 41.28%.

Overall, while Lancor Holdings has experienced growth in net sales, the significant declines in profitability and increased interest expenses suggest that the company is navigating considerable operational challenges. Furthermore, the company saw an adjustment in its evaluation over the past three months.