Are Suraj Estate latest results good or bad?

Suraj Estate Developers has reported its financial results for the quarter ending March 2025, revealing a complex picture of performance. The company achieved net sales of Rs 306.33 crore over the past six months, reflecting a year-on-year growth of 48.45%. This indicates a strong sales performance compared to the previous year. However, the latest quarterly results show a decline in net sales by 8.51% compared to the previous quarter, which contrasts with the previous quarter's growth of 36.34%.
In terms of profitability, Suraj Estate faced challenges, with Profit Before Tax (PBT) decreasing by 24.1% to Rs 25.32 crore compared to the average of the previous four quarters, and Profit After Tax (PAT) falling by 27.7% to Rs 18.29 crore. The operating profit also declined to Rs 30.10 crore, leading to a decrease in the operating profit margin to 22.05%. Furthermore, earnings per share (EPS) dropped to Rs 3.95, marking the lowest level in five quarters, which suggests a decline in profitability for shareholders.

On a more positive note, the company's operating profit to interest ratio improved to 7.53 times, the highest in the last five quarters, indicating better management of interest payments. Despite these operational improvements, the company saw an adjustment in its evaluation over the past three months.

Overall, Suraj Estate Developers' latest financial results reflect a mix of strong sales growth year-on-year, but also significant challenges in profitability and operational metrics in the most recent quarter.