Are Lancor Holdings latest results good or bad?

Lancor Holdings has reported its financial results for the quarter ending March 2025, highlighting a mix of operational trends. The company achieved net sales of Rs 97.54 crore over the latest six months, reflecting a year-on-year growth of approximately 30%. This indicates a favorable trend in sales performance for the company.
However, the financial results also reveal significant challenges. 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, showing a substantial drop from the average PAT in prior quarters. Additionally, interest expenses have risen to Rs 6.40 crore, marking the highest level in five quarters and indicating an increase in borrowing costs.

In terms of quarterly performance, Lancor Holdings experienced a net sales growth of 12.37% compared to the previous quarter, which contrasts with a decline in the prior quarter. The consolidated net profit also showed a significant change, with a growth of 101.45% compared to the previous quarter, although it remains at a low level. The operating profit margin, excluding other income, has seen a slight increase as well.

Overall, while Lancor Holdings has demonstrated some positive sales growth, the company faces considerable challenges reflected in its profitability metrics and rising costs. Furthermore, the company saw an adjustment in its evaluation over the past three months.