Are Minolta Finance latest results good or bad?

Minolta Finance has reported its financial results for the quarter ending September 2024, revealing a mixed performance. Over the nine-month period, the company's Profit After Tax (PAT) has shown an increase, reaching Rs 0.06 crore compared to Rs 0.04 crore in the previous 12-month period, indicating that it has surpassed its sales from the prior year within a shorter timeframe.
However, there are significant areas of concern. The Operating Profit (PBDIT) for the quarter has reached its lowest point in the last five quarters at Rs 0.01 crore, with a negative near-term trend. Similarly, the Profit Before Tax less Other Income (PBT) has also hit a low of Rs 0.01 crore for the quarter, accompanied by a negative near-term trend. The Earnings per Share (EPS) has followed suit, also at its lowest in five quarters at Rs 0.01, reflecting a decline in profitability and lower earnings for shareholders.

In terms of recent quarterly results, for the quarter ending March 2025, Minolta Finance reported a notable growth in net sales of 54.55% compared to the previous quarter. However, the standalone net profit experienced a decline of 233.33%, indicating a challenging profitability scenario despite the sales growth. The Operating Profit margin, excluding other income, showed a positive change, suggesting some operational efficiency.

Overall, Minolta Finance's financial performance reflects both positive developments in sales and profitability concerns that require attention. The company has seen an adjustment in its evaluation, which may prompt investors to carefully consider the financials before making decisions.