How has been the historical performance of Aakash Explor.?

Answer:The historical performance of Aakash Explor. shows a mixed trend in its financial metrics for the fiscal years ending March 2023 and March 2024.

Breakdown:
In terms of net sales, Aakash Explor. reported a slight decrease from 92.58 Cr in March 2023 to 92.23 Cr in March 2024. Total operating income followed a similar trend, remaining nearly flat at 92.23 Cr in March 2024 compared to 92.58 Cr in the previous year. The company managed to reduce its raw material costs from 12.21 Cr to 10.62 Cr, while employee costs increased from 26.62 Cr to 29.16 Cr. Overall, total expenditure decreased from 79.23 Cr to 75.12 Cr, leading to an increase in operating profit (PBDIT) from 14.84 Cr to 17.70 Cr. Profit before tax also improved, rising from 6.14 Cr to 8.38 Cr, and profit after tax increased from 4.54 Cr to 6.21 Cr, reflecting a rise in the PAT margin from 4.9% to 6.73%. On the balance sheet, total liabilities increased from 83.33 Cr to 93.76 Cr, while total assets rose from 83.33 Cr to 93.76 Cr, indicating a stable asset base. Cash flow from operating activities decreased from 18.00 Cr to 10.00 Cr, and the company ended the period with no cash and cash equivalents, down from 1.00 Cr. Overall, Aakash Explor. demonstrated improved profitability metrics despite challenges in cash flow and a slight decline in sales.