Are L G Balakrishnan latest results good or bad?

L G Balakrishnan & Bros has reported its financial results for the quarter ending March 2025, which reflect a mixed performance. The company achieved its highest earnings per share (EPS) in the last five quarters at Rs 26.35, indicating a notable level of profitability for shareholders. However, the profit before tax (PBT), adjusted for other income, was recorded at Rs 74.02 crore, showing a decline compared to the average PBT of Rs 78.96 crore over the previous four quarters.
In terms of net sales, there was a slight decline of 1.14% compared to the previous quarter, which contrasts with a growth of 2.42% in the quarter ended December 2024. The operating profit, excluding other income, also experienced a decrease of 10.21%, falling from Rs 113.64 crore in December 2024 to a lower figure in March 2025.

On a more positive note, the consolidated net profit increased by 11.61% compared to the previous quarter, rising from Rs 75.30 crore, which suggests some operational resilience. The operating profit margin, excluding other income, decreased slightly to 15.25%, down from 16.79% in the prior quarter.

Additionally, while non-operating income peaked at Rs 15.45 crore, there are concerns regarding its sustainability. Overall, the financial results for L G Balakrishnan indicate a complex operational landscape, leading to an adjustment in its evaluation.