Are Suraj Estate latest results good or bad?

Suraj Estate Developers has reported its financial results for the quarter ending March 2025, revealing a mix of operational trends. The company's net sales for the latest six months reached Rs 306.33 crore, reflecting a year-on-year growth of 48.45%. However, the quarterly results indicate a decline in net sales by 8.51% compared to the previous quarter, which is a notable shift from the previous growth of 36.34%.
In terms of profitability, the company experienced a decrease in Profit Before Tax (PBT) by 24.1% to Rs 25.32 crore compared to the average of the previous four quarters. Profit After Tax (PAT) also fell by 27.7% to Rs 18.29 crore, while operating profit declined to Rs 30.10 crore, resulting in a lower operating profit margin of 22.05%. Earnings per share (EPS) decreased to Rs 3.95, marking the lowest level in five quarters, indicating challenges in profitability for shareholders.

On a positive note, Suraj Estate's operating profit to interest ratio improved to 7.53 times, the highest in the last five quarters, suggesting enhanced management of interest payments. Despite these improvements, the company has seen an adjustment in its evaluation over the past three months. Overall, the results reflect a complex financial landscape for Suraj Estate Developers, with both growth in net sales year-on-year and challenges in profitability metrics.