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 sharp decrease from 18.38 Cr in the previous year. Total operating income mirrored this decline, falling from 18.38 Cr to 4.24 Cr. The company's total expenditure surged to 63.38 Cr, up from 5.04 Cr, primarily driven by manufacturing expenses of 50.42 Cr and an increase in employee costs to 3.44 Cr. 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) fell to -15.54 from 9.01, indicating a severe deterioration in profitability. The operating profit margin and PAT margin also turned negative, recording -1394.81% and -1214.15%, respectively, compared to positive margins in the previous year. Despite these challenges, the company saw a net cash inflow of 7.00 Cr in March 2025, contrasting with no cash inflow in March 2024, primarily due to financing activities that generated 398.00 Cr.