Are Mcleod Russel latest results good or bad?

Mcleod Russel India has reported its financial results for the quarter ending March 2025, revealing several operational challenges. The company's net sales for this quarter amounted to Rs 165.47 crore, which represents a year-on-year decline of 15.12%. This figure marks the lowest quarterly sales recorded by Mcleod Russel in the past five quarters, indicating a negative trend in sales performance.
In terms of profitability, the consolidated net profit showed a year-on-year growth of 20.15%, although this is a significant reduction from the previous year's growth rate of 79.74%. This suggests that while there may be some improvement in net profit, it is occurring at a slower pace compared to prior periods.

Additionally, the company's interest expenses for the latest six-month period reached Rs 129.41 crore, reflecting a notable increase of 33.91% compared to the previous half-year. This rise in interest costs indicates a potential increase in borrowings, which could affect the company's financial stability moving forward.

Overall, Mcleod Russel's recent financial results highlight ongoing challenges in sales performance and rising costs, contributing to a cautious outlook for the company in the current market environment. Furthermore, the company saw an adjustment in its evaluation over the past three months.