Are West Coast Paper latest results good or bad?

West Coast Paper Mills has reported its financial results for the quarter ending March 2025, which indicate notable challenges in its operational performance. The profit before tax (PBT) was recorded at Rs 11.22 crore, reflecting a significant decline compared to the average PBT of Rs 84.22 crore over the previous four quarters. This sharp reduction suggests a negative trend in the company's financial performance.
The profit after tax (PAT) also saw a considerable drop, standing at Rs 43.99 crore, which is down from an average of Rs 96.74 crore in the prior four quarters. This figure marks the lowest PAT in the last five quarters, highlighting a consistent downward trajectory in profitability.

Operating profit (PBDIT) reached Rs 80.74 crore, with an operating profit margin of 7.75%, the lowest recorded in five quarters. This decline in operational efficiency raises concerns about the company's ability to sustain its business model, especially as non-operating income accounted for a substantial 79.99% of the PBT.

Additionally, earnings per share (EPS) fell to Rs 6.66, indicating reduced earnings for shareholders.

In terms of quarterly performance, West Coast Paper Mills experienced a net sales growth of 2.50% compared to the previous quarter, although consolidated net profit reflected a decline of 31.48%. The operating profit margin also showed a slight decrease.

Overall, the financial data suggests that West Coast Paper Mills is facing significant operational challenges, and the company saw an adjustment in its evaluation in light of these results.