Are New India Assura latest results good or bad?

New India Assurance Company has released its financial results for the quarter ending March 2025, which present a mixed picture of its operational performance. The company reported a Profit After Tax (PAT) of Rs 358.54 crore, which is the highest in the last five quarters, indicating a positive trend in profitability. Additionally, the Earnings per Share (EPS) reached Rs 2.18, also reflecting the highest figure over the same period, suggesting enhanced earnings for shareholders.
However, the company experienced a slight decline in net sales, with a year-over-year growth of -0.19% compared to a previous growth of 14.77% in March 2024. The consolidated net profit showed a year-over-year growth of 15.33%, down from 146.50% in the prior year, indicating a reduction in the rate of profit growth. Furthermore, the operating profit margin, excluding other income, also saw a minor decline.

On the revenue side, the Non-Operating Income was recorded at Rs 76.82 crore, the highest in the last five quarters, which raises concerns about the sustainability of this income source for long-term revenue generation.

Overall, New India Assurance's latest financial results reflect stabilization in some metrics, as evidenced by an adjustment in its evaluation over the last three months, while also highlighting challenges in maintaining growth in core operational areas.