Are LMW latest results good or bad?

LMW, a midcap player in the textile machinery industry, has reported its financial results for the quarter ending March 2025, which indicate a notable decline in several key metrics compared to the previous year. The company's Profit Before Tax (PBT) was recorded at Rs 28.75 crore, reflecting a year-on-year decrease of 38.74%. Similarly, the Profit After Tax (PAT) was reported at Rs 47.82 crore, down 27.5% from the same period last year.
Net sales for LMW totaled Rs 803.63 crore, marking a decline of 17.21% year-on-year. This downturn in sales is significant, especially when considering the company's reliance on non-operating income, which constituted 53.14% of PBT, raising concerns about the sustainability of its financial performance.

In terms of operational metrics, the Operating Profit (PBDIT) excluding other income also saw a decline of 21.14%, indicating challenges in the core business operations. The Operating Profit Margin (excluding other income) experienced a slight contraction, reflecting ongoing pressures in profitability.

Overall, the financial performance of LMW for the quarter has been categorized as very negative, and the company saw an adjustment in its evaluation over the last three months.