Are Machino Plastics latest results good or bad?

Machino Plastics has reported its financial results for the quarter ending March 2025, showcasing notable operational trends. The company achieved a profit before tax (PBT) of Rs 2.62 crore, reflecting a year-on-year growth of 120.17%. Additionally, the profit after tax (PAT) reached Rs 3.50 crore, marking an increase of 184.6% compared to the previous year. Net sales for the quarter amounted to Rs 107.16 crore, indicating a year-on-year growth of 30.95% and representing the highest sales figure in the last five quarters. The earnings per share (EPS) also reached Rs 5.70, the highest in the same period.
However, the company is facing challenges with rising interest expenses, which have increased to Rs 9.47 crore, a 64.12% rise over the preceding nine months. This has led to a decline in the operating profit to interest ratio, which is now at its lowest level in five quarters at 2.57 times, suggesting a reduced capacity to manage interest payments effectively.

Furthermore, the company saw an adjustment in its evaluation over the past three months. In the quarterly results snapshot for June 2025, net sales exhibited a year-on-year growth of 19.38%, while standalone net profit grew by 42.86%. However, the operating profit margin remained relatively stable, with a slight change noted.

Overall, Machino Plastics' financial results indicate strong growth in profits and sales, alongside challenges related to interest expenses that may affect future performance.