Are Lokesh Mach. latest results good or bad?

Lokesh Machines has reported its financial results for the quarter ending March 2025, which reflect significant challenges in its operational performance. The company's net sales for the quarter were recorded at Rs 38.69 crore, representing a notable decline of 42.7% compared to the average net sales of Rs 67.50 crore over the previous four quarters. This marks the lowest sales figure for Lokesh Machines in the last five quarters, indicating a concerning trend in sales performance.
Profit Before Tax (PBT) also experienced a drastic decline, reported at Rs -0.14 crore, which is a significant drop from the average PBT of Rs 1.50 crore in the prior four quarters. Profit After Tax (PAT) fell to Rs 0.13 crore, down 89.8% from the average PAT of Rs 1.28 crore, further highlighting the financial difficulties faced by the company.

Additionally, the interest expenses for the nine-month period increased by 20.42%, reaching Rs 11.50 crore, suggesting a rise in borrowing costs that may impact future profitability.

In terms of quarterly performance, the company reported a QoQ decline in net sales of 25.29% compared to the previous quarter. However, there was a notable improvement in standalone net profit, which grew by 103.17% QoQ, indicating some recovery in profitability despite the overall decline in sales.

Overall, the financial performance of Lokesh Machines indicates significant operational challenges, and the company saw an adjustment in its evaluation based on these results.