Are Sandesh latest results good or bad?

Sandesh has reported its financial results for the quarter ending June 2025, revealing a mix of operational trends. The company experienced a notable growth in Profit Before Tax (PBT), which reached Rs 16.52 crore, reflecting a significant increase compared to the average PBT of the previous four quarters. Similarly, Profit After Tax (PAT) rose to Rs 57.84 crore, also showing substantial growth over the previous four-quarter average. Operating Profit (PBDIT) reached Rs 18.14 crore, marking its highest level in five quarters, with an operating profit margin of 24.74%, suggesting enhanced operational efficiency.
However, Sandesh faces challenges due to its reliance on non-operating income, which constituted 76.80% of its PBT, amounting to Rs 54.69 crore, the highest in five quarters. This dependency raises questions about the sustainability of its income model.

In terms of quarterly performance, the company reported a net sales decline of 3.11% compared to the previous quarter, while consolidated net profit saw a significant increase of 528.14%. Operating profit (excluding other income) also demonstrated growth, with an increase of 11.92% from the prior quarter.

Additionally, the company saw an adjustment in its evaluation over the past three months, indicating a shift in its financial standing. Overall, while Sandesh has shown remarkable growth in certain profit metrics, its reliance on non-operating income presents potential concerns for future sustainability.