Are Esab India latest results good or bad?

Esab India has reported its financial results for the quarter ending March 2025, highlighting several key metrics. The company achieved net sales of Rs 367.72 crore, which is the highest figure recorded in the last five quarters, reflecting a year-on-year growth of 7.86%. This growth in sales is accompanied by an operating profit (PBDIT) of Rs 65.75 crore, also the highest in the same timeframe, although the operating profit margin saw a slight decline.
The profit before tax (PBT) reached Rs 60.48 crore, indicating a robust performance, while the profit after tax (PAT) was reported at Rs 47.43 crore, again the highest in the last five quarters, with a year-on-year growth of 7.19%. The earnings per share (EPS) for this quarter stood at Rs 30.82, suggesting enhanced profitability for shareholders.

Despite the overall performance being described as flat, Esab India has shown notable improvements in key financial metrics over the past three months, leading to an adjustment in its evaluation. The company operates within the Other Industrial Products sector and is classified as a midcap entity.