Are PNC Infratech latest results good or bad?

PNC Infratech has reported its financial results for the quarter ending June 2025, which reflect a notable decline in several key metrics. The Profit Before Tax (PBT) was recorded at Rs 149.31 crore, which is significantly lower than the average PBT of Rs 254.95 crore from the previous four quarters, indicating a substantial reduction in profitability. Similarly, the Profit After Tax (PAT) decreased to Rs 154.92 crore, down from an average of Rs 203.88 crore, marking a decline of 24.0%.
Net sales also showed a downturn, totaling Rs 1,422.80 crore, which represents a 15.9% decline from the average of Rs 1,692.17 crore over the last four quarters. This figure is the lowest sales recorded in the past five quarters, suggesting a negative trend in the company’s sales performance.

On a more positive note, PNC Infratech reported its highest cash and cash equivalents in the last six half-yearly periods, amounting to Rs 1,643.66 crore, which indicates an improvement in short-term liquidity. However, the company’s debt-equity ratio has risen to 1.56 times, reflecting increased borrowing to support its operations.

Overall, the financial data indicates that PNC Infratech has experienced a challenging quarter with declines in profitability and sales, while also showing some improvement in liquidity. Additionally, the company saw an adjustment in its evaluation during this reporting period.