Are Mukka Proteins latest results good or bad?
Mukka Proteins' latest results show strong sales growth of 73.1% to Rs 381.57 crore, but a 9.0% decline in profit after tax to Rs 13.59 crore, indicating mixed performance with rising costs impacting profitability.
Mukka Proteins has reported its financial results for the quarter ending March 2025, revealing a mixed performance. The company's net sales reached Rs 381.57 crore, reflecting a significant growth of 73.1% compared to the average net sales of Rs 220.39 crore over the previous four quarters. This marks the highest quarterly sales in the last five quarters, indicating a positive near-term sales trend.However, the profit after tax (PAT) experienced a decline of 9.0%, falling to Rs 13.59 crore from an average of Rs 14.94 crore in the previous four quarters. In contrast, the profit before tax (PBT) showed an increase of 24.0%, reaching Rs 15.95 crore, which is an improvement over the previous average of Rs 12.86 crore.
On the expense side, interest expenses rose to Rs 21.23 crore, reflecting a 25.99% increase compared to the previous half-year period, suggesting higher borrowing costs.
Overall, Mukka Proteins' financial performance for the quarter presents a complex picture of growth in sales alongside challenges in profitability and rising costs. Additionally, the company saw an adjustment in its evaluation based on these results.
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