Are Radhe Develop. latest results good or bad?

Radhe Developers (India) has reported a financial performance for the quarter ending March 2025 that reflects significant operational changes. The company has experienced a notable turnaround, as indicated by an adjustment in its evaluation over the past three months.
In terms of profitability, the Profit Before Tax (PBT) for the quarter stands at Rs 2.25 crore, which is a substantial increase compared to the average PBT of the previous four quarters. Similarly, the Profit After Tax (PAT) is reported at Rs 2.26 crore, also showing a considerable rise from the prior average. This performance is underscored by net sales for the nine-month period reaching Rs 7.46 crore, which represents a year-on-year growth, surpassing the previous twelve-month sales figures.

The operating profit (PBDIT) has reached Rs 2.89 crore, marking the highest level in the last five quarters. However, it is important to note that the company has seen a decline in its Debtors Turnover Ratio, which is currently at its lowest in the last five half-yearly periods, suggesting challenges in debt settlement.

Overall, Radhe Developers has demonstrated a strong financial performance in the latest quarter, with significant growth in profitability and sales, alongside some operational challenges that warrant attention.