Are Network People latest results good or bad?

Network People Services Technologies has reported its financial results for the quarter ending March 2025, which reflect a challenging operational environment. The company's net sales for this quarter amounted to Rs 26.30 crore, which represents a significant decline of 44.8% compared to the average net sales of Rs 47.63 crore over the previous four quarters. This decline indicates a concerning trend in sales performance for the company.
Profit before tax (PBT), excluding other income, was recorded at Rs 6.56 crore, marking a sharp decrease of 55.2% from the average PBT of Rs 14.63 crore in the prior four quarters. This decline further underscores the difficulties faced by the company in maintaining profitability.

In terms of profit after tax (PAT) for the latest six months, Network People reported Rs 11.15 crore, reflecting a year-on-year decrease of 32.71%. Overall, these financial metrics suggest a challenging period for Network People Services Technologies, with notable declines across key performance indicators.

However, when looking at the quarterly results snapshot, there are some signs of improvement in the most recent quarter compared to the previous one. Net sales showed a growth of 24.06% compared to the quarter ending December 2024, while consolidated net profit also experienced a growth of 16.93%. This indicates that, while the overall year-on-year performance is concerning, there may be some positive momentum in the most recent quarter.

It is also noted that the company has seen an adjustment in its evaluation, reflecting the current sentiment surrounding its financial health.