Are S H Kelkar & Co. latest results good or bad?
S H Kelkar & Co. reported strong quarterly net sales of Rs 567.38 crore and a PAT of Rs 43.20 crore, indicating growth; however, it faced a 17.9% decline in PBT and rising interest expenses, suggesting mixed overall results.
S H Kelkar & Company has reported its financial results for the quarter ending March 2025, showcasing a mix of operational trends. The company achieved its highest quarterly net sales in the last five quarters, amounting to Rs 567.38 crore, reflecting a growth of 4.45% compared to the previous quarter. Additionally, the Profit After Tax (PAT) reached Rs 43.20 crore, which is a notable growth compared to the average PAT of the preceding four quarters.However, the company faced challenges with its Profit Before Tax (PBT), which experienced a decline of 17.9% compared to the previous four-quarter average. The interest expenses for the nine-month period also rose by 30.55%, indicating an increase in borrowing costs.
Overall, while S H Kelkar has demonstrated strong sales and profit growth in certain areas, it is also contending with rising costs and a decline in PBT. The company saw an adjustment in its evaluation over the last three months, reflecting these operational dynamics.
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