Nahar Industrial Enterprises reports mixed financial results for Q1 FY25

Nahar Industrial Enterprises, a microcap textile company, has recently declared its financial results for the quarter ending March 2024. According to the latest report, the company has seen a flat performance in terms of financials, with a score of -2, which has improved from -9 in the last three months.

However, there are some positive aspects to Nahar Industrial Enterprises’ financials. The company’s Profit Before Tax (PBT) has shown a significant growth of 240.7% compared to the average PBT of the previous four quarters. The same trend can be seen in the Profit After Tax (PAT) which has grown by 846.7% compared to the average PAT of the previous four quarters. The company’s Operating Profit (PBDIT) has also shown a positive trend, with the highest figure of Rs 30.04 crore in the last five quarters. The Operating Profit Margin has also improved, reaching its highest at 8.06%.

On the other hand, there are some areas that need improvement for Nahar Industrial Enterprises. The company’s interest cost has increased by 35.14% quarter on quarter, indicating a rise in borrowings. The Non-Operating Income is also high, accounting for 56.21% of the Profit Before Tax, which may not be a sustainable business model.

Overall, Nahar Industrial Enterprises has shown a mixed performance in the quarter ending March 2024. While there are some positive trends in terms of profitability, there are also areas that need attention. Investors should carefully analyze the company’s financials before making any investment decisions.