Are NTC Industries latest results good or bad?

NTC Industries has reported notable financial results for the quarter ending March 2025, reflecting a significant growth trajectory compared to the previous year. The company's net sales reached Rs 23.60 crore, showcasing an 87.15% year-on-year increase. This growth in net sales is a substantial improvement from the previous year's performance.
Profit Before Tax (PBT) also demonstrated considerable growth, rising to Rs 3.63 crore, which is a 263% increase from the prior year. Profit After Tax (PAT) stood at Rs 5.54 crore, reflecting a year-on-year growth of 151.8%. Operating profit reached Rs 5.79 crore, marking the highest level in five quarters, indicating a positive trend in profitability. Additionally, Earnings per Share (EPS) peaked at Rs 3.82, underscoring the company's capacity to generate higher earnings for its shareholders.

However, NTC Industries is facing challenges, particularly with rising interest costs, which have surged by 58.95% over the previous half-year period, suggesting increased borrowings. Furthermore, a significant portion of PBT, accounting for 50.07%, came from non-operating income, which raises concerns regarding the sustainability of income derived from non-business activities.

In light of these results, the company saw an adjustment in its evaluation, reflecting the complexities of its financial performance amidst both growth and challenges.