Are Sangam India latest results good or bad?

Sangam India has reported its financial results for the quarter ending June 2025, revealing a mixed performance. The company achieved net sales of Rs 789.77 crore, marking the highest quarterly sales in the last five quarters, with a quarter-over-quarter growth of 7.55%. However, this positive sales performance contrasts sharply with the overall financial results, which indicate significant challenges.
The profit before tax (PBT) has turned negative at Rs -8.55 crore, reflecting a substantial decline compared to the average PBT of the previous four quarters. Profit after tax (PAT) also shows a notable decrease, now at Rs 3.53 crore, down from an average of Rs 9.09 crore. The operating profit margin has reached a low of 7.30%, suggesting a decline in operational efficiency. Additionally, interest expenses have risen to Rs 30.30 crore, the highest recorded in five quarters, indicating increased borrowings.

Earnings per share (EPS) have fallen to Rs 0.42, highlighting a decline in profitability. Furthermore, while non-operating income has surged to Rs 12.74 crore, this raises concerns regarding the sustainability of such income in the long term.

Overall, the company has seen an adjustment in its evaluation, reflecting the challenges faced in its financial performance despite achieving higher sales figures.