Are Huhtamaki India latest results good or bad?

Huhtamaki India has released its financial results for the quarter ending March 2025, highlighting a mix of operational trends. The company reported a significant growth in profitability metrics, with Profit Before Tax (PBT) reaching Rs 23.03 crore, which is a notable increase compared to the average PBT of Rs 13.08 crore from the previous four quarters. Similarly, Profit After Tax (PAT) stood at Rs 25.65 crore, reflecting a growth against the average PAT of Rs 16.15 crore in the prior four quarters. However, the company faced challenges in net sales, which were reported at Rs 609.93 crore, marking the lowest figure recorded in the last five quarters. This indicates a negative trend in near-term sales performance, despite the positive profitability metrics. Additionally, the company saw an adjustment in its evaluation over the past three months. The quarterly results indicate a net sales decline of 1.36% compared to the previous quarter, while standalone net profit exhibited a substantial growth of 123.70%. Operating profit also showed a positive trend, with an increase in the operating profit margin, although the overall sales figures raise concerns for the company's near-term outlook.