Are NESCO latest results good or bad?

NESCO has reported its financial results for the quarter ending March 2025, revealing several operational challenges. The company experienced a decline in net sales, with a quarter-over-quarter change of -7.03%, contrasting with a growth of 9.30% in the previous quarter. This decline indicates a contraction in revenue generation during this period.
The consolidated net profit also reflected a downward trend, with a quarter-over-quarter decrease of -19.40%, compared to a modest growth of 4.59% in the prior quarter. This suggests a significant reduction in profitability relative to previous performance.

Furthermore, the operating profit margin has reached its lowest level in the last five quarters at 55.55%, indicating a decline in operational efficiency. The profit after tax (PAT) for the quarter was reported at Rs 88.62 crore, which is a 9.5% decline from the average PAT of Rs 97.93 crore over the previous four quarters, highlighting a challenging outlook for NESCO's near-term profitability.

In light of these results, the company saw an adjustment in its evaluation, reflecting the current financial struggles it faces. Stakeholders will likely be monitoring NESCO's performance closely in the upcoming quarters to assess any potential recovery or further challenges.