Are NTC Industries latest results good or bad?

NTC Industries has reported notable financial results for the quarter ending June 2025, with net sales reaching Rs 28.11 crore, reflecting a year-on-year growth of 268.41%. This marks the highest quarterly sales in the last five quarters, indicating a strong near-term sales trend. The company's Profit Before Tax (PBT) rose to Rs 3.59 crore, demonstrating a year-on-year growth of 214.91%. Profit After Tax (PAT) also saw significant growth, reaching Rs 5.67 crore, which is a remarkable increase of 273.03% compared to the previous year. This PAT figure is the highest recorded in the last five quarters, showcasing consistent improvement in profitability. Furthermore, NTC Industries exhibited enhanced financial stability, as indicated by an operating profit to interest ratio of 3.25 times, the highest in five quarters. However, the company is facing challenges, including a rise in interest costs, which grew by 123.14% over the preceding nine months, and a high proportion of non-operating income, accounting for 52.51% of PBT. This reliance on non-business activities raises concerns regarding the sustainability of its financial performance in the long term. Additionally, the company saw an adjustment in its evaluation, reflecting the changes in its financial metrics. Overall, the results indicate a strong operational performance, although certain challenges may impact future sustainability.