Are Nagpur Power latest results good or bad?

Nagpur Power & Industries has released its financial results for the quarter ending December 2024. The company reported net sales of Rs 32.54 crore for the half-year, reflecting a year-on-year growth of 46.18%. However, the quarterly performance shows a decline in net sales by 20.02% compared to the previous quarter, indicating a challenging environment for revenue generation.
The company's profitability faced significant challenges, with a reported profit after tax (PAT) of Rs -2.62 crore, which represents a drastic decline compared to the average PAT of the previous four quarters. The earnings per share (EPS) also fell to Rs -2.00, highlighting the adverse impact on shareholder returns.

In terms of operational efficiency, Nagpur Power's inventory turnover ratio improved to 5.02 times, suggesting better inventory management and quicker sales. However, the debtors turnover ratio decreased to 2.36 times, indicating a slowdown in the company's ability to collect receivables.

Overall, while Nagpur Power demonstrated growth in net sales on a half-year basis, the quarterly results reflect operational challenges, particularly in profitability and cash flow management. Additionally, the company saw an adjustment in its evaluation over the past three months.