Are Sadhana Nitro latest results good or bad?

Sadhana Nitro Chem has reported its financial results for the quarter ending March 2025, which reflect notable trends in profitability despite challenges in net sales. The profit before tax (PBT) reached Rs 5.09 crore, showing substantial growth compared to the previous four quarters, while the profit after tax (PAT) was recorded at Rs 4.10 crore, also indicating significant growth over the same period. Additionally, the operating profit before depreciation, interest, and tax (PBDIT) peaked at Rs 13.23 crore, marking the highest level in the last five quarters.
However, the company faced a decline in net sales, which totaled Rs 86.57 crore, representing a year-on-year decrease. This decline contrasts with the positive performance in profitability metrics, highlighting a mixed operational trend.

Furthermore, Sadhana Nitro Chem experienced an adjustment in its evaluation over the past three months, reflecting the changes in its financial performance. The quarterly results also indicate a growth in net sales on a quarter-on-quarter basis, alongside an increase in consolidated net profit, although the growth rate for net profit has moderated compared to the previous quarter.

Overall, while Sadhana Nitro Chem has demonstrated strong profitability improvements, the decline in net sales presents a notable challenge that the company will need to address moving forward.