Are V B Desai Fin. latest results good or bad?
V B Desai Financial Services reported a mixed performance for the quarter ending March 2025, achieving its highest Profit After Tax in five quarters at Rs 0.20 crore, but facing a decline in operating profit and profit before tax. While net sales grew by 14.52% and standalone net profit increased by 42.86%, the overall results indicate both positive developments and ongoing challenges.
V B Desai Financial Services has reported its financial results for the quarter ending March 2025, highlighting a mixed operational landscape. The company achieved a Profit After Tax (PAT) of Rs 0.20 crore, which is the highest in the last five quarters, and the Earnings per Share (EPS) reached Rs 0.44, indicating enhanced earnings for shareholders. However, the company faced challenges in its operating profit, with the quarterly Operating Profit Before Depreciation, Interest, and Tax (PBDIT) recorded at Rs 0.03 crore, the lowest in five quarters. Additionally, the Profit Before Tax less Other Income (PBT) declined to Rs 0.02 crore, continuing a downward trend observed over the same period.
In terms of net sales, there was a growth of 14.52% compared to the previous quarter, while the standalone net profit showed a growth of 42.86%. However, the operating profit margin (excluding other income) saw a decline.
Overall, the financial performance reflects both positive developments and challenges, with the company experiencing an adjustment in its evaluation over the last three months.
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