Are Page Industries latest results good or bad?

Page Industries has reported its financial results for the quarter ending March 2025, revealing a complex operational landscape. The company achieved a Profit After Tax (PAT) of Rs 368.67 crore, which reflects a year-on-year growth of 41.50%, indicating a strong performance in this area. However, the results also highlight challenges, particularly in net sales, which totaled Rs 1,098.07 crore, representing a decline of 9.0% compared to the average net sales of the previous four quarters.
In terms of profitability metrics, Profit Before Tax (PBT), excluding other income, was reported at Rs 198.55 crore, down 6.5% from the average PBT of prior quarters. The company also experienced a notable decline in its operating profit margin, which decreased by 1.62% from the previous quarter. Additionally, while non-operating income reached its highest level in five quarters at Rs 20.13 crore, this increase may not be sustainable moving forward.

The quarterly results also indicate a decline in both net sales and standalone net profit on a quarter-over-quarter basis, with net sales showing a decrease of 16.37% and standalone net profit declining by 19.86% compared to the previous quarter.

Overall, Page Industries has seen an adjustment in its evaluation, reflecting the mixed performance across various financial metrics.