Are TPI India latest results good or bad?
TPI India's latest results show a recovery in profitability with a PAT of Rs 0.14 crore, up from a loss last year, but net sales have decreased by 9.3% to Rs 6.84 crore, indicating mixed performance overall.
TPI India has released its financial results for the quarter ending June 2025, highlighting several operational trends. The company reported a Profit After Tax (PAT) of Rs 0.14 crore for the latest six-month period, indicating a recovery from the previous year's PAT of Rs -0.29 crore. This suggests a notable improvement in profitability over the past year.However, TPI India is facing challenges in its net sales, which have decreased by 9.3% to Rs 6.84 crore for the quarter. This figure is below the average net sales of Rs 7.55 crore from the previous four quarters, reflecting a negative trend in near-term sales performance.
Additionally, the company experienced a year-over-year growth in net sales of 9.09% compared to 19.89% in the same quarter last year, indicating a slowdown in sales growth. The standalone net profit showed a year-over-year growth of 47.62%, improving from a significant decline in the previous year.
Overall, TPI India has seen an adjustment in its evaluation, reflecting the mixed results in profitability and sales performance.
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