How has been the historical performance of Ashika Credit?

Answer:The historical performance of Ashika Credit shows a significant decline in financial metrics from March 2024 to March 2025.

Breakdown:
In March 2025, Ashika Credit reported net sales of 4.24 Cr, a sharp decrease from 18.38 Cr in March 2024. Total operating income mirrored this decline, falling from 18.38 Cr to 4.24 Cr. The total expenditure surged to 63.38 Cr from 5.04 Cr, primarily driven by a notable increase in manufacturing expenses, which rose to 50.42 Cr compared to zero in the previous year. Consequently, the operating profit (PBDIT) plummeted to -59.09 Cr from a positive 13.50 Cr. Interest expenses also rose significantly to 7.55 Cr from 0.73 Cr, leading to a profit before tax of -66.68 Cr, down from 12.76 Cr. The profit after tax reflected a similar trend, dropping to -51.48 Cr from 10.70 Cr. The earnings per share (EPS) turned negative at -15.54, contrasting sharply with the previous year's EPS of 9.01. The operating profit margin and PAT margin also deteriorated drastically, with the operating profit margin at -1394.81% and the PAT margin at -1214.15%. In terms of cash flow, the company experienced a cash flow from operating activities of -390.00 Cr, compared to -24.00 Cr in the prior year, although it managed a net cash inflow of 7.00 Cr due to financing activities. Overall, the financial performance of Ashika Credit in March 2025 indicates severe challenges compared to the previous year.