Are Quess Corp latest results good or bad?

Quess Corp has reported its financial results for the quarter ending March 2025, revealing a mixed operational performance. The company achieved a year-on-year growth in net sales of 3.38%, a notable improvement compared to the previous year's decline. However, the consolidated net profit showed a significant decline of 201.18%, contrasting sharply with the previous year's growth.
Profit Before Tax (PBT) reached Rs 48.14 crore, reflecting a substantial year-on-year increase of 321.95%. Similarly, Profit After Tax (PAT) rose to Rs 62.50 crore, indicating a 61.8% increase compared to the prior year. These figures suggest strong operational performance in terms of profitability.

On the other hand, the Earnings per Share (EPS) fell to Rs -3.01, marking the lowest level in the last five quarters, which raises concerns regarding profitability and shareholder returns. Additionally, non-operating income peaked at Rs 10.94 crore, the highest in five quarters, prompting questions about the sustainability of this income source.

Overall, while Quess Corp has shown positive growth in certain profitability metrics, the decline in EPS and net profit presents challenges. The company saw an adjustment in its evaluation over the past three months, reflecting these mixed results.