Are D-Link India latest results good or bad?

D-Link India has reported its financial results for the quarter ending March 2025, reflecting a notable performance in various operational metrics. The company saw an adjustment in its evaluation over the past three months, indicating a shift in its financial health.
Key highlights from the results include a significant increase in the Inventory Turnover Ratio, which reached 17.89 times, the highest level in the last five half-year periods. This suggests that D-Link India has been effective in managing its inventory and selling products more rapidly. The company achieved its highest net sales in the last five quarters at Rs 369.76 crore, indicating a positive trend in sales performance.

Profit After Tax (PAT) also reached Rs 27.43 crore for the quarter, contributing to an upward trend in profitability. Earnings per Share (EPS) increased to Rs 7.73, reflecting enhanced earnings for shareholders. Additionally, cash and cash equivalents stood at Rs 80.85 crore, marking the highest level in the last six half-year periods, which suggests improved short-term liquidity.

In terms of quarterly performance, net sales exhibited a growth of 11.58% compared to the previous quarter, while consolidated net profit showed a growth of 3.51%. However, it is worth noting that the company reported a quarterly non-operating income of Rs 6.42 crore, which may not be sustainable in the long term.

Overall, D-Link India's financial results indicate a positive operational trend, with improvements in key metrics such as sales, profitability, and liquidity.