Are Olympic Cards latest results good or bad?

Olympic Cards has released its financial results for the quarter ending March 2025, which show a flat financial performance compared to previous quarters. However, there are notable improvements in certain operational metrics. The company reported a significant increase in net sales, with a growth of 26.43% compared to the previous quarter. Additionally, the standalone net profit also showed a positive trend, with an 18.42% increase from the prior period.
In terms of operating profit, Olympic Cards achieved its highest quarterly figure in the last five quarters, with an operating profit before depreciation, interest, and taxes (PBDIT) of Rs -0.33 crore. This indicates a favorable trend in near-term operating profit, despite the figure remaining negative. The profit before tax (PBT), excluding other income, also reached its highest level in the same period at Rs -1.08 crore, reflecting a positive near-term trend in profitability.

Overall, while the financial performance appears flat, the improvements in net sales, operating profit, and PBT suggest potential stabilization in the company's financial metrics. Additionally, the company saw an adjustment in its evaluation over the last three months, indicating a shift in perception regarding its financial health.