Are Trident latest results good or bad?

Trident has reported its financial results for the quarter ending March 2025, showcasing notable operational trends. The company achieved a net sales figure of Rs 1,864.34 crore, reflecting a year-on-year growth of 10.82%, which is an improvement compared to the previous year's growth rate. The profit before tax (PBT) reached Rs 152.69 crore, indicating a significant year-on-year growth of 154.65%, while the profit after tax (PAT) stood at Rs 133.26 crore, up by 135.4% from the same period last year.
The operating profit (PBDIT) was recorded at Rs 245.05 crore, marking a year-on-year increase of 19.26%. Furthermore, the operating profit to interest ratio has reached an impressive 94.25 times, the highest in the last five quarters, suggesting a strong capacity to manage interest obligations. The earnings per share (EPS) also showed an upward trend, increasing to Rs 0.26.

However, it is worth noting that the company experienced a rise in non-operating income to Rs 19.02 crore, which may not be sustainable in the long term. Overall, Trident's financial performance indicates a robust operational capacity and significant growth in profitability metrics.

Additionally, the company saw an adjustment in its evaluation over the past three months, reflecting the positive shifts in its financial performance.