Are Mazda latest results good or bad?

Mazda has released its financial results for the quarter ending June 2025, highlighting several operational trends. The company reported net sales of Rs 49.63 crore, reflecting a year-on-year growth of 37.21%, compared to a decline of 29.34% in the same quarter of the previous year. This indicates a notable recovery in sales performance.
In terms of profitability, Mazda achieved a profit before tax (PBT) of Rs 2.05 crore, which represents a significant year-on-year growth of 236.07%. The profit after tax (PAT) also showed a positive trend, reaching Rs 4.91 crore, marking a 69.3% increase compared to the previous year. These figures suggest an improvement in the company's profitability metrics.

However, it is important to note that a substantial portion of the profit before tax, specifically 67.56%, is derived from non-operating income. This reliance on income from non-business activities raises concerns regarding the sustainability of Mazda's business model in the long term.

Additionally, the company saw an adjustment in its evaluation over the past three months. Overall, while Mazda's financial results indicate positive trends in sales and profitability, the reliance on non-operating income presents challenges that could impact future performance.