Are Sakuma Exports latest results good or bad?

Sakuma Exports has reported its financial results for the quarter ending March 2025, showcasing a mixed performance. The company's net sales reached Rs 731.69 crore, reflecting a notable growth of 42.1% compared to the average net sales of Rs 514.73 crore over the previous four quarters. This suggests a strong near-term outlook for revenue generation.
However, the profitability metrics indicate challenges. The profit before tax (PBT) for the quarter was Rs 2.64 crore, which represents a decline of 55.8% from the average PBT of Rs 5.98 crore in the prior quarters. Similarly, the profit after tax (PAT) decreased by 50.4%, amounting to Rs 4.50 crore compared to an average of Rs 9.08 crore in the previous periods. Additionally, a significant portion of the PBT, 49.23%, was derived from non-operating income, raising concerns about the sustainability of the company's core business operations.

In terms of quarterly performance, the net sales showed a growth of 53.16% compared to the previous quarter, while the consolidated net profit reflected a growth of 33.53%. The operating profit margin, excluding other income, was noted at 0.72%, indicating a slight change from the previous period.

Overall, Sakuma Exports has experienced an adjustment in its evaluation, reflecting a slight recovery despite the challenges faced in profitability.