How has been the historical performance of Akshar Spintex?

Answer:The historical performance of Akshar Spintex shows significant fluctuations in its financial metrics over the years, particularly in net sales and profitability. Breakdown: Akshar Spintex's net sales peaked at 174.96 Cr in March 2024 but dropped to 116.77 Cr by March 2025. The total operating income followed a similar trend, decreasing from 174.96 Cr in March 2024 to 116.77 Cr in March 2025. The company's total expenditure also saw a decline from 167.22 Cr in March 2024 to 119.20 Cr in March 2025. Operating profit (PBDIT) turned negative in March 2025 at -0.15 Cr, contrasting with a positive 10.70 Cr in March 2024. Profit before tax also fell sharply from 5.02 Cr in March 2024 to -5.88 Cr in March 2025, leading to a profit after tax of -4.45 Cr in March 2025, down from 3.46 Cr the previous year. The company's total liabilities increased from 73.86 Cr in March 2024 to 97.42 Cr in March 2025, while total assets rose from 73.86 Cr to 97.42 Cr in the same period. Cash flow from operating activities turned negative at -29.00 Cr in March 2025, compared to a positive 4.00 Cr in March 2024, indicating a challenging financial environment for the company.