Are Onix Solar latest results good or bad?

Onix Solar Energy has reported its financial results for the quarter ending March 2025, showcasing notable developments in its performance metrics. The Profit After Tax (PAT) reached Rs 0.64 crore, marking the highest level in the last five quarters, indicating a consistent upward trend in profitability. The Operating Profit Before Depreciation, Interest, and Taxes (PBDIT) also peaked at Rs 0.60 crore, reflecting improvements in operational efficiency.
The Earnings per Share (EPS) stood at Rs 3.23, representing the highest figure in the same five-quarter period, which underscores the company's capacity to enhance profitability for its shareholders.

However, the company experienced a decline in the growth rates of its Net Sales and Standalone Net Profit compared to the previous quarter. Specifically, Net Sales grew by 306.11%, while Standalone Net Profit saw a growth of 1.59%. This contrasts with the much higher growth rates reported in the previous quarter, indicating a shift in momentum.

Additionally, Onix Solar has seen an adjustment in its evaluation over the past three months. Overall, the financial results reflect a mix of strong performance in certain areas while also highlighting some moderation in growth rates.