Are Reliance Infra latest results good or bad?

Reliance Infrastructure has reported its financial results for the quarter ending March 2025, highlighting a notable increase in profitability despite facing challenges in sales. The Profit Before Tax (PBT) reached Rs 7,554.91 crore, showing a substantial growth compared to the average PBT of the previous four quarters, which was negative. Similarly, the Profit After Tax (PAT) surged to Rs 3,872.73 crore, reflecting a significant rise from the previous average, which was also negative.
Earnings per Share (EPS) reached Rs 110.74, indicating enhanced profitability for shareholders. However, the company encountered difficulties in net sales, which declined to Rs 4,108.01 crore, marking a decrease from the previous four-quarter average. Additionally, the operating profit margin fell to 0.35%, the lowest in five quarters, suggesting a decline in operational efficiency.

In the quarter-over-quarter comparison, net sales experienced a decline of 18.37%, while consolidated net profit showed a growth of 233.01% compared to the previous quarter. The operating profit margin also reflected a decrease, indicating challenges in maintaining operational performance.

Overall, Reliance Infrastructure's financial results present a mixed picture, with significant profitability gains overshadowed by declining sales and operational efficiency. The company saw an adjustment in its evaluation amidst these mixed financial indicators.