Are Meghmani Organi. latest results good or bad?

Meghmani Organics has reported its financial results for the quarter ending June 2025, showcasing notable operational trends. The company achieved a profit before tax (PBT) of Rs 7.72 crore, a significant change compared to the average PBT of Rs -8.60 crore from the previous four quarters. Additionally, the profit after tax (PAT) reached Rs 12.68 crore, reflecting a substantial shift from the average PAT of Rs -2.65 crore in prior quarters.
The operating profit also reached a record high of Rs 66.88 crore, indicating consistent growth over the last five quarters. Furthermore, net sales for the quarter stood at Rs 613.62 crore, marking the highest level in the past five quarters, which suggests a positive trend in sales performance.

However, the company is facing challenges, particularly with interest expenses rising to Rs 29.47 crore, which represents a significant increase quarter on quarter. This rise in interest expenses points to higher borrowing costs that could impact future profitability. Additionally, it is noteworthy that non-operating income constituted a large portion of PBT, which raises questions about the sustainability of income derived from non-business activities.

Overall, Meghmani Organics has experienced a revision in its evaluation, reflecting the complexities of its financial performance amidst both growth in certain areas and challenges in others.