Are SNL Bearings latest results good or bad?
SNL Bearings' latest results are mixed; they achieved their highest quarterly net sales in five quarters at Rs 13.81 crore and a year-on-year PAT growth of 42.04%, but experienced a quarter-on-quarter net profit decline of 3.78% and a decrease in operating profit margin. Overall, the company shows strong year-on-year growth but some fluctuations in recent performance.
SNL Bearings has reported its financial results for the quarter ending March 2025, showcasing a notable performance in several key areas. The company achieved its highest quarterly net sales in the last five quarters, reaching Rs 13.81 crore, which reflects a quarter-on-quarter growth of 10.66%. This upward trend in sales indicates a positive operational momentum for the company.In terms of profitability, SNL Bearings reported a Profit After Tax (PAT) of Rs 5.71 crore, marking a year-on-year growth of 42.04%. However, when examining the quarter-on-quarter performance, the standalone net profit experienced a decline of 3.78% compared to the previous quarter. Additionally, the operating profit margin (excluding other income) also saw a decrease of 5.15%.
Overall, while SNL Bearings has demonstrated strong year-on-year growth in PAT and achieved significant sales figures, there are some fluctuations in its quarter-on-quarter performance metrics. It is also noted that the company saw an adjustment in its evaluation over the past three months, reflecting changes in its performance metrics.
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