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 the fiscal year ending March 2025, Ashika Credit reported net sales of 4.24 Cr, a substantial decrease from 18.38 Cr in the previous year. Total operating income mirrored this decline, falling to 4.24 Cr from 18.38 Cr. The company's total expenditure surged to 63.38 Cr, up from 5.04 Cr, driven by increased employee costs and manufacturing expenses. Consequently, the operating profit (PBDIT) plummeted to -59.09 Cr from a positive 13.50 Cr, leading to a profit before tax of -66.68 Cr compared to 12.76 Cr in the prior year. The profit after tax also reflected this downturn, resulting in a loss of 51.48 Cr versus a profit of 10.70 Cr in March 2024. The earnings per share (EPS) deteriorated to -15.54 from 9.01, indicating a severe decline in profitability. The operating profit margin and PAT margin also fell drastically, with the operating profit margin at -1394.81% and the PAT margin at -1214.15%. Despite these challenges, the company managed a net cash inflow of 7.00 Cr in March 2025, up from no cash inflow in the previous year, primarily due to financing activities.