Are Manappuram Fin. latest results good or bad?

Manappuram Finance has reported its financial results for the quarter ending March 2025, which reflect a challenging operational environment. The Profit Before Tax less Other Income (PBT) was recorded at Rs -239.40 crore, showing a significant decline compared to the average PBT of the previous four quarters. Similarly, the Profit After Tax (PAT) was reported at Rs -191.17 crore, indicating a noteworthy drop from past performance metrics.
Net sales for the quarter totaled Rs 2,359.73 crore, which represents a decline from the average of the last four quarters. The operating profit also reached its lowest level in five quarters at Rs 721.91 crore, with an operating profit margin of 30.59%, suggesting a reduction in operational efficiency.

The earnings per share (EPS) fell to Rs -2.26, highlighting a decline in profitability and lower returns for shareholders. Additionally, the company experienced a revision in its evaluation, reflecting the challenges faced during this reporting period.

Overall, the financial data indicates that Manappuram Finance is navigating a difficult landscape, with key metrics showing substantial declines compared to previous performance levels.