Are Unitech latest results good or bad?

Unitech has reported its financial results for the quarter ending March 2025, revealing a complex picture of its operational performance. The company has experienced an adjustment in its evaluation over the past three months.
In terms of financial metrics, Unitech's net sales for the quarter were recorded at Rs 100.81 crore, which reflects a decline when compared to the previous four-quarter average. However, there was a notable quarterly growth of 36.75% compared to the previous quarter. The operating profit (PBDIT) stood at Rs 774.68 crore, indicating a significant improvement in operational efficiency, with an operating profit margin reported at 768.46%.

On the profit side, the profit before tax (PBT) reached Rs -361.55 crore, while the profit after tax (PAT) was at Rs -309.96 crore, both figures showing a positive trend over the last five quarters despite being in negative territory.

Conversely, the company faced challenges with interest expenses, which surged to Rs 1,137.05 crore, reflecting a substantial increase quarter on quarter. This rise in borrowing costs is a critical factor that may impact future profitability.

Overall, while Unitech's financial results indicate some areas of operational improvement, particularly in profit margins and efficiency, the challenges related to net sales and rising interest expenses present a mixed outlook for the company.