Are Synergy Green latest results good or bad?
Synergy Green's latest results show strong operating profit and record high profit before tax, but rising interest costs and a decline in profit after tax indicate mixed performance overall. While sales are on an upward trend, the increase in interest expenses poses challenges for the company.
Synergy Green Industries has reported its financial results for the quarter ending March 2025, showcasing a mix of positive and challenging trends. The company achieved its highest operating profit (PBDIT) of Rs 14.87 crore, reflecting consistent growth over the last five quarters. Additionally, profit before tax (PBT) also reached a record high of Rs 7.23 crore, indicating a strong near-term performance. Net sales for the quarter were recorded at Rs 97.47 crore, suggesting a positive trajectory in sales.However, the company is encountering challenges with rising interest costs, which increased to Rs 4.49 crore, marking an 11.14% rise quarter-over-quarter. This uptick in interest expenses points to a potential increase in borrowings. Furthermore, profit after tax (PAT) fell to Rs 3.84 crore, representing a decline of 5.8% compared to the average PAT of the previous four quarters, indicating a negative trend in this area.
Overall, there has been an adjustment in the company's evaluation over the last three months, reflecting the mixed performance in its financial results. The quarterly data illustrates a nuanced picture of Synergy Green's operational health, with notable achievements in operating profit and sales, contrasted by challenges in net profit and rising interest expenses.
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