Are 360 ONE latest results good or bad?

360 ONE WAM has reported its financial results for the quarter ending March 2025, revealing a mix of trends. The company achieved net sales of Rs 2,445.75 crore for the nine-month period, reflecting a year-on-year growth of 24.09%, indicating a favorable near-term sales trend. However, the quarterly profit after tax (PAT) for this period was Rs 249.60 crore, which represents a decline of 6.7% compared to the average PAT from the previous four quarters. This decline in PAT is accompanied by a drop in earnings per share (EPS) to Rs 6.35, the lowest level in the last five quarters, suggesting challenges in profitability and returns for shareholders.
In terms of quarterly performance, net sales showed a growth of 8.02% compared to the previous quarter, while consolidated net profit experienced a decline of 9.72%. The operating profit margin, excluding other income, remained relatively stable at 55.76%, reflecting a slight change from the previous quarter.

Additionally, the company saw an adjustment in its evaluation over the last three months. Overall, while there are positive sales trends, the decline in profitability metrics indicates that 360 ONE WAM is facing operational challenges that may need to be addressed moving forward.