Are T T latest results good or bad?

T T, a microcap company in the Garments & Apparels industry, has reported its financial results for the quarter ending March 2025. The company achieved net sales of Rs 62.49 crore, which is the highest quarterly sales recorded in the last five quarters, reflecting a growth of 22.9% compared to the average net sales of Rs 50.83 crore over the previous four quarters. This indicates a positive trend in sales performance.
However, the company's profitability has faced significant challenges. The Profit After Tax (PAT) for the quarter is reported at Rs -4.11 crore, marking a drastic decline compared to the average PAT of Rs 0.78 crore from the previous four quarters. This decline is further underscored by the earnings per share (EPS), which has fallen to Rs -0.18, the lowest level in the last five quarters.

In terms of quarterly performance, the net sales showed a quarter-on-quarter growth of 10.45%, while the standalone net profit experienced a notable decline of 506.93%. The operating profit margin, excluding other income, also reflected a decrease.

Overall, while T T has demonstrated a positive sales growth trajectory, the significant decline in profitability metrics raises concerns about the company's financial health. Additionally, the company saw an adjustment in its evaluation during this reporting period.