Are Ventive Hospital latest results good or bad?

Ventive Hospitality has reported its financial results for the quarter ending March 2025, showcasing a notable Profit After Tax (PAT) of Rs 57.17 crore, which reflects a significant growth compared to the average PAT of Rs 36.06 crore over the previous four quarters. This PAT figure is the highest recorded by the company in the last five quarters, indicating a positive trend in profitability.
Net sales for the quarter reached Rs 162.14 crore, representing an improvement from the average net sales of Rs 133.75 crore in the prior four quarters. This also marks the highest quarterly sales figure for Ventive in the last five quarters, further supporting the positive sales trend.

However, the company is facing challenges with its non-operating income, which accounted for 37.78% of its Profit Before Tax (PBT). This non-operating income, amounting to Rs 25.90 crore, is the highest in the last five quarters, raising concerns regarding the sustainability of relying on non-business activities for revenue generation.

In terms of quarterly performance, the net sales showed a growth of 4.22% compared to the previous quarter, while the standalone net profit exhibited a substantial increase of 94.52%. Operating profit, excluding other income, experienced a decline of 6.79%, indicating some operational challenges.

Overall, Ventive Hospitality's results reflect a mix of positive trends in profitability and sales, alongside concerns regarding reliance on non-operating income. The company saw an adjustment in its evaluation based on these results.