Are New Light Appare latest results good or bad?

New Light Apparels has reported its financial results for the quarter ending March 2025, which reflect a complex operational landscape. For the nine-month period, the company achieved net sales of Rs 16.52 crore, marking a year-on-year growth of 44.15%, which is a notable achievement compared to the previous total sales of Rs 12.18 crore.
However, the quarterly results for March 2025 show a decline in key metrics. Net sales experienced a year-on-year decrease of 42.69%, contrasting sharply with the previous year's growth of 311.19%. Similarly, the standalone net profit also reflected a decline, with a year-on-year decrease of 42.11%, compared to a growth of 141.30% in the same quarter last year. Additionally, the operating profit margin (excluding other income) decreased, indicating a shift in profitability dynamics.

Despite these quarterly challenges, the company reported its highest earnings per share (EPS) in the last five quarters at Rs 0.25, suggesting that profitability for shareholders has seen an upward trend over the longer nine-month period. The profit after tax (PAT) for this nine-month period reached Rs 1.11 crore, significantly higher than the Rs 0.38 crore reported in the previous twelve months.

It is also noted that the company saw an adjustment in its evaluation over the last three months, which reflects the changing operational performance. Overall, while New Light Apparels has demonstrated strong performance in terms of year-to-date sales and profitability, the quarterly results indicate challenges that may need to be addressed moving forward.