Are Radix Industries latest results good or bad?
Radix Industries' latest results show mixed performance; while Profit After Tax slightly increased to Rs 2.30 crore over nine months, net sales for the quarter fell by 33.3% to Rs 8.04 crore, indicating significant operational challenges. Overall, there are signs of long-term profitability improvement, but recent quarterly results reflect notable hurdles.
Radix Industries (India) has released its financial results for the quarter ending June 2025, revealing a mixed operational performance. The company reported a Profit After Tax (PAT) of Rs 2.30 crore for the nine-month period, which shows a slight increase compared to Rs 2.27 crore for the same period last year. Additionally, Radix Industries has surpassed its total sales from the previous twelve months within this nine-month timeframe, indicating some positive momentum in overall profitability.However, the company faced notable challenges in net sales for the quarter, which totaled Rs 8.04 crore. This figure reflects a decline of 33.3% compared to the average net sales of Rs 12.06 crore over the previous four quarters, suggesting a negative trend in near-term sales performance. The quarterly results also indicate a decline in net sales growth of 34.53% compared to the previous quarter, alongside a decrease in operating profit and net profit margins.
Furthermore, the company saw an adjustment in its evaluation over the past three months, reflecting the challenges faced in its operational metrics. Overall, while there are signs of profitability improvement in the longer term, the recent quarterly performance highlights significant operational hurdles that Radix Industries is currently navigating.
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