Are Navneet Educat. latest results good or bad?

Navneet Education has reported its financial results for the quarter ending March 2025, showcasing a mixed operational performance. The company experienced a slight decline in net sales, with a year-on-year change of -0.34%, compared to a growth of 6.42% in the same quarter last year. Additionally, the consolidated net profit also saw a decrease of -1.25% year-on-year, contrasting with a significant growth of 108.23% in the previous year.
On a positive note, the Profit After Tax (PAT) reached Rs 48.00 crore, reflecting a year-on-year growth of 38.50%, indicating a strengthening financial position despite the challenges in sales and profit margins. However, the company faced an increase in interest expenses, which rose to Rs 4.70 crore, marking a quarter-on-quarter growth of 28.77%. This rise in interest costs suggests an increase in borrowings, which could have implications for the company's financial health moving forward.

Furthermore, it is noted that the company saw an adjustment in its evaluation over the last three months. Overall, while there are positive indicators in terms of PAT growth, the declines in net sales and profit margins, along with rising interest costs, present a complex financial picture for Navneet Education.