Are Narmada Agrobase latest results good or bad?

Narmada Agrobase has reported its financial results for the quarter ending March 2025, showcasing a mix of positive and challenging operational metrics. The company's net sales reached Rs 29.30 crore, reflecting a year-on-year growth of 56.27%, which is a notable achievement as it represents the highest sales figure in the last five quarters. Additionally, the Profit After Tax (PAT) stood at Rs 1.78 crore, indicating a significant year-on-year growth of 140.54%.
However, the company is facing challenges in its operating performance. The operating profit (PBDIT) was recorded at Rs 0.59 crore, marking the lowest level in five quarters, which has led to a decline in the operating profit margin to 2.01%. Furthermore, the profit before tax (PBT) also reached its lowest point in the last five quarters at Rs 0.37 crore. The earnings per share (EPS) fell to Rs 0.21, reflecting a decrease in profitability for shareholders.

Overall, while Narmada Agrobase has demonstrated strong sales growth and a significant increase in PAT, the decline in operating profit and margins suggests that the company is navigating some operational difficulties. Additionally, the company saw an adjustment in its evaluation, reflecting changes in its overall financial standing.