Are K Z Leasing latest results good or bad?

K Z Leasing & Finance has reported its financial results for the quarter ending June 2024, revealing a mixed performance characterized by both positive and negative trends. Notably, the Profit After Tax (PAT) has experienced substantial growth of 579.6% compared to the average PAT of the previous four quarters, marking the highest PAT in the last five quarters. This indicates a favorable trend in profitability for the company. Additionally, the Earnings per Share (EPS) has also reached its highest level in the last five quarters, reflecting an increase in earnings for shareholders.
Conversely, the Profit Before Tax less Other Income (PBT) has shown a significant decline of 205.1% compared to the average PBT of the previous four quarters, suggesting challenges in operational performance. Furthermore, the presence of high non-operating income raises concerns regarding the sustainability of the business model.

In the subsequent quarterly results for March 2025, K Z Leasing reported a decline in net sales by 26.09% compared to the previous quarter, while the standalone net profit exhibited a notable growth of 113.61%. The operating profit margin, however, indicated a decline, reflecting a complex operational landscape.

Overall, K Z Leasing & Finance's recent financial results indicate a blend of positive developments in profitability metrics alongside challenges in sales and operational efficiency. The company has seen an adjustment in its evaluation, prompting investors to consider these mixed factors carefully.