Bharat Road Network Quarterly Results

Charts

YoY Net Sales (Quarterly)

Operating Margin

EPS Growth

POSITIVES

Revenue growth in the latest quarter indicates a recovering demand in the manufacturing sector, building on previous trends.
Improved gross margins suggest better cost control and operational efficiency compared to earlier quarters.
Strong cash flow generation provides a solid foundation for future investments and growth.

NEGATIVES

Declining net profit margins raise concerns about profitability despite revenue growth.
Increased debt levels could pose risks, especially if interest rates rise further.
Slower growth in operating income compared to revenue growth may indicate inefficiencies.

Field	Sep 23	Dec 23	Mar 24	Jun 24	Sep 24	Dec 24	Mar 25	Jun 25
Revenue	91.01	97.47	92.67	103.06	76.21	47.75	47.26	46.25
Expenses	161.11	112.13	129.09	120.77	90.68	73.40	61.13	37.27
Operating Profit	-70.10	-14.65	-36.42	-17.71	-14.46	-25.66	-13.86	8.98
Other Income	2.15	2.32	4.93	4.65	4.61	190.48	5.98	4.79
Interest	47.87	47.09	46.21	46.47	5.17	1.32	1.18	0
Depreciation	15.57	16.41	33.76	20.95	17.62	17.64	17.93	19.08
Profit Before Tax	-67.95	-12.33	-31.49	-13.06	-9.85	164.82	-7.88	13.77
Tax	-1.87	-2.03	-1.83	-2.10	0.23	0.53	-0.76	0.42
Net Profit	-66.08	-10.30	-29.66	-10.95	-10.08	164.29	-7.12	13.35
Eps in Rs	-7.87	-1.23	-3.53	-1.30	-1.21	19.57	-0.85	1.59