How has been the historical performance of Ace Men?

Answer:The historical performance of Ace Men shows significant fluctuations in its financial metrics over the years, particularly in net sales and profitability.

Breakdown:
Ace Men reported net sales of 7.58 Cr in Mar'23, a notable increase from 4.95 Cr in Mar'22 and 0.65 Cr in Mar'21, but saw a decline to 0.00 Cr in both Mar'24 and Mar'25. Total operating income mirrored this trend, peaking at 7.58 Cr in Mar'23 before dropping to 0.00 Cr in the following two years. The company's total expenditure, excluding depreciation, was 7.55 Cr in Mar'23, leading to a modest operating profit of 0.03 Cr that year. However, operating profit turned negative in Mar'24 and Mar'25, with figures of -0.24 Cr and -0.09 Cr respectively. Profit before tax followed a similar trajectory, with a peak of 0.04 Cr in Mar'23, declining to -0.02 Cr in Mar'25. Profit after tax also reflected this decline, dropping from 0.03 Cr in Mar'23 to -0.02 Cr in Mar'25. The earnings per share (EPS) showed a downward trend, falling from 1.71 in Mar'22 to -0.06 in Mar'25. The company's reserves increased from 0.13 Cr in Mar'21 to 0.75 Cr in Mar'25, while total liabilities remained low, with no long-term borrowings reported. Cash flow from operating activities was negative in Mar'15, indicating challenges in cash generation. Overall, Ace Men's financial performance has been inconsistent, with significant losses in the most recent years following a brief period of growth.