Are Wim Plast latest results good or bad?

Wim Plast has reported its financial results for the quarter ending March 2025, revealing a stable financial performance compared to previous quarters. The 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 showed a positive trend, totaling Rs 19.71 crore, and the operating profit margin was recorded at 18.64%, indicating improved efficiency in operations.
The profit before tax (PBT) was reported at Rs 16.85 crore, while the profit after tax (PAT) reached Rs 17.67 crore, both representing the highest figures in the last five quarters. Additionally, earnings per share (EPS) stood at Rs 14.73, reflecting enhanced profitability for shareholders.

However, it is worth noting 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 certain operational strengths, the reliance on non-operating income could be a point of consideration for future assessments.