Are Omax Autos latest results good or bad?

Omax Autos has reported its financial results for the quarter ending March 2025, showcasing a mix of operational trends. The company achieved a profit before tax (PBT) of Rs 1.19 crore, reflecting a notable growth compared to the average PBT of Rs -2.48 crore over the previous four quarters. This positive trend is further supported by an operating profit of Rs 10.74 crore, which is the highest recorded in the last five quarters, alongside an operating profit margin of 9.40%.
Net sales for the quarter totaled Rs 114.20 crore, indicating a robust performance with a 27.2% increase from the previous four-quarter average of Rs 89.76 crore. Additionally, Omax Autos demonstrated improved management of interest payments, with an operating profit to interest ratio of 2.09 times, the highest in five quarters.

However, the company faced challenges as well. The profit after tax (PAT) was reported at Rs 0.57 crore, which is a significant reduction from the previous average of Rs 2.47 crore, representing a decline of 76.8%. Furthermore, a substantial portion of the PBT, approximately 82.98%, was derived from non-operating income, which raises concerns regarding the sustainability of these earnings. The earnings per share (EPS) also fell to Rs 0.23, marking the lowest level in five quarters.

In summary, Omax Autos is experiencing a notable adjustment in its evaluation, driven by strong net sales and operating profit, despite facing challenges in profit after tax and reliance on non-operating income.