Are Nitta Gelatin latest results good or bad?
Nitta Gelatin's latest results are negative, with net sales declining to Rs 129.17 crore, the lowest in five quarters, and both Profit Before Tax and Profit After Tax showing decreases, indicating challenges in operational performance.
Nitta Gelatin India has reported its financial results for the quarter ending March 2025, which highlight several operational trends. The company's net sales reached Rs 129.17 crore, representing a decline compared to previous periods and marking the lowest figure in the last five quarters. This suggests a negative trend in sales performance.Profit Before Tax (PBT) for the quarter was recorded at Rs 18.92 crore, which reflects a decline from the average PBT of the previous four quarters. This indicates a downward trend in profitability for the company. Similarly, the Profit After Tax (PAT) was noted at Rs 16.75 crore, showing a decrease from the average PAT over the same prior period.
Additionally, the company experienced a decline in its operating profit margin, which fell compared to the previous quarter. The financial data indicates that Nitta Gelatin is facing challenges in its operational performance.
Furthermore, there has been an adjustment in the company's evaluation, reflecting the current sentiment surrounding its financial health. Overall, the results suggest that Nitta Gelatin is navigating a difficult financial landscape in this reporting period.
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