Are Riddhi Siddhi Gl latest results good or bad?

Riddhi Siddhi Gluco Biols has reported its financial results for the quarter ending June 2025, showcasing a significant increase in net sales, which reached Rs 154.61 crore, reflecting a year-on-year growth of 984.22%. This marks the highest quarterly sales in the last five quarters, indicating a positive trend in sales performance.
However, the financial results also highlight some concerning trends. The profit before tax (PBT) fell to Rs -4.48 crore, representing a decline of 146.15% year-on-year, which signals a negative trend in profitability. Additionally, the profit after tax (PAT) decreased by 65.0% year-on-year to Rs 9.27 crore. The company also faced rising interest costs, with quarterly interest expenses reaching Rs 3.74 crore, an increase of 46.09% quarter-on-quarter, suggesting higher levels of borrowing. Furthermore, non-operating income constituted a significant 126.84% of PBT, raising questions about the sustainability of the company's core business operations.

Overall, while Riddhi Siddhi Gluco Biols has achieved remarkable sales growth, the decline in profitability and rising costs present challenges that need to be addressed. The company saw an adjustment in its evaluation based on these results.