Are M K Exim India latest results good or bad?

M K Exim (India) has reported its financial results for the quarter ending March 2025, highlighting a mixed performance. The company achieved net sales of Rs 26.37 crore, which is the highest quarterly figure in the last five quarters and reflects a growth of 21.0% compared to the average net sales of Rs 21.80 crore from the previous four quarters. This indicates a positive trend in sales performance.
However, the profit after tax (PAT) for the same quarter fell to Rs 3.48 crore, representing a decline of 20.7% compared to the average PAT of Rs 4.39 crore from the previous four quarters. This suggests challenges in profitability, contrasting with the sales growth observed.

Additionally, the company experienced an adjustment in its evaluation over the past three months. The quarterly results also show that net sales grew by 9.92% compared to the previous quarter, while standalone net profit saw a decline of 37.52%. Operating profit margin, excluding other income, also faced a decline, indicating further challenges in operational efficiency.

Overall, M K Exim India's latest financial results reflect a combination of strong sales growth alongside declining profitability, underscoring the complexities of its current operational landscape.