Lancor Holdings Reports Mixed Financial Results Amid Rising Interest Expenses in March 2025

Lancor Holdings, a microcap player in the realty sector, has recently reported its financial results for the quarter ending March 2025. The results indicate a complex financial landscape for the company. Notably, net sales for the latest six months reached Rs 97.54 crore, reflecting a year-on-year growth of 29.97%. This positive sales trend suggests a robust demand for the company's offerings.
However, the financial performance also reveals significant challenges. The profit before tax (PBT) for the quarter was recorded at Rs -0.40 crore, marking a substantial decline compared to the average PBT of Rs 3.45 crore from the previous four quarters. Similarly, profit after tax (PAT) fell sharply to Rs 0.03 crore, a decrease from the average PAT of Rs 1.91 crore in the prior quarters. This trend indicates a concerning shift in profitability.

Additionally, interest expenses have risen to Rs 6.40 crore, the highest in the last five quarters, with a quarter-on-quarter increase of 41.28%. This rise in interest costs suggests that the company may be facing increased borrowing pressures.

In light of these developments, Lancor Holdings has experienced an adjustment in its evaluation, reflecting the mixed performance in its financial metrics.

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