Are Wim Plast latest results good or bad?

Wim Plast has reported its financial results for the quarter ending March 2025, revealing a flat financial performance compared to previous quarters. Notably, net sales reached Rs 105.76 crore, marking the highest figure in the last five quarters, with a year-over-year growth of 7.82%. The operating profit (PBDIT) also reached Rs 19.71 crore, reflecting an operating profit margin of 18.64%, which indicates improved operational efficiency.
Profit before tax (PBT) was reported at Rs 16.85 crore, while profit after tax (PAT) stood at Rs 17.67 crore, both representing the highest figures in the last five quarters, with PAT showing an 8.54% year-over-year growth. Additionally, earnings per share (EPS) were reported at Rs 14.73, suggesting increased profitability for shareholders.

However, it is important to note that there was a significant rise in non-operating income, which reached Rs 7.11 crore. This increase may raise questions regarding the sustainability of income derived from non-business activities. Furthermore, the company saw an adjustment in its evaluation over the last three months.

Overall, while Wim Plast has demonstrated some positive operational metrics, the reliance on non-operating income could be a point of consideration for future performance assessments.