Are TARC Ltd latest results good or bad?

TARC Ltd has reported its financial results for the quarter ending March 2025, highlighting a complex operational landscape. The company experienced a notable increase in net sales, achieving Rs 11.82 crore, which reflects a growth of 74.9% compared to the average from the previous four quarters. This marks the highest quarterly sales in the last five quarters, indicating a favorable trend in near-term sales performance.
However, the company faced significant challenges as evidenced by its profit before tax (PBT), which stood at Rs -110.80 crore, representing a substantial decline from the previous four-quarter average. Similarly, profit after tax (PAT) fell sharply to Rs -104.52 crore, indicating ongoing financial difficulties. The operating profit (PBDIT) also reached its lowest level at Rs -83.64 crore, suggesting a deterioration in financial health.

Additionally, interest expenses rose to Rs 24.83 crore, reflecting an increase in borrowings. The quarterly results show a decline in both consolidated net profit and operating profit margin, with the latter reflecting a negative margin of -707.61%.

Overall, TARC Ltd's latest results illustrate a mixed performance, with strong sales growth contrasted by significant losses and rising financial pressures. The company saw an adjustment in its evaluation, reflecting these ongoing challenges.