Are Inox India latest results good or bad?

Inox India has reported its financial results for the quarter ending March 2025, showcasing a notable performance across several key metrics. The company's net sales reached Rs 369.40 crore, reflecting a 21.8% increase compared to the average of the previous four quarters, marking the highest quarterly sales in the last five quarters. This indicates a positive trend in sales performance.
Operating profit (PBDIT) also saw a significant rise, reaching Rs 81.12 crore, which is the highest recorded in the same five-quarter period. Profit before tax (PBT) was reported at Rs 72.80 crore, representing a 29.8% growth over the previous four-quarter average. Additionally, profit after tax (PAT) reached Rs 65.51 crore, up by 31.6% from the prior quarters' average.

Earnings per share (EPS) stood at Rs 7.22, marking the highest level in five quarters, which reflects enhanced profitability for the company. However, there was a notable increase in non-operating income, which peaked at Rs 13.68 crore, raising considerations about the sustainability of this income from non-business activities.

The data also indicates a quarterly growth in net sales of 10.72% compared to the previous quarter, while consolidated net profit showed a growth of 12.19%. Operating profit margin, excluding other income, was recorded at 21.96%, indicating a slight change from the previous quarter.

In light of these results, it is important to note that Inox India experienced an adjustment in its evaluation, reflecting the company's operational performance during this period.