Are Setco Automotive latest results good or bad?

Setco Automotive has reported its financial results for the quarter ending March 2025, highlighting several operational trends. The company achieved net sales of Rs 210.63 crore, which represents a year-over-year growth of 19.02%, indicating a positive sales trend compared to the previous year. Additionally, the operating profit before depreciation, interest, and taxes (PBDIT) reached Rs 40.60 crore, reflecting a significant year-over-year increase of 83.96%, marking the highest level in the last five quarters.
The operating profit margin improved to 19.28%, suggesting enhanced efficiency in operations. However, the company reported a profit before tax (PBT) of Rs -25.41 crore and a profit after tax (PAT) of Rs -18.28 crore, both of which are the best results in the last five quarters despite remaining in negative territory. The earnings per share (EPS) also showed a shift to Rs -1.37, indicating a change in profitability for shareholders.

Overall, Setco Automotive's financial results indicate notable improvements in sales and operating profitability metrics. However, the company saw an adjustment in its evaluation, reflecting the complexities of its financial performance.