Are LGB Forge latest results good or bad?

LGB Forge has reported its financial results for the quarter ending March 2025, with the announcement made on May 7, 2025. The key takeaway from the results indicates notable operational trends, particularly in operating profit and profit after tax, which have shown improvement compared to previous quarters.
For the quarter, LGB Forge achieved an operating profit (PBDIT) of Rs 0.83 crore, marking the highest quarterly figure in the last five quarters. This reflects a consistent growth trend in operating profit over the recent periods. The operating profit margin reached 3.47%, suggesting enhanced efficiency within the company’s operations.

However, the net sales for the quarter experienced a slight decline of 1.12% compared to the previous quarter, which contrasts with the growth seen in the prior period. Additionally, the standalone net profit reported was Rs -0.40 crore, which, while still negative, represents the best result in the last five quarters, indicating a positive trend in near-term performance. The profit before tax, excluding other income, was reported at Rs -0.72 crore, also the highest in the last five quarters, further underscoring the improving financial trajectory.

Overall, LGB Forge has seen an adjustment in its evaluation over the past three months, reflecting the operational improvements despite some challenges in sales growth.