How has been the historical performance of Athena Global?

Jul 31 2025 10:41 PM IST
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Athena Global has experienced significant fluctuations in financial performance, with net sales peaking at 26.06 Cr in March 2021 and declining to 15.62 Cr by March 2025, alongside operating losses and volatile net profits, including a notable profit of 205.10 Cr in March 2024 followed by a loss of -20.14 Cr in March 2025. Despite substantial growth in total assets, the company faces challenges with increasing expenditures and liabilities.
Answer:
The historical performance of Athena Global has shown significant fluctuations over the years, particularly in net sales and profitability. Breakdown: Athena Global's net sales have varied notably, peaking at 26.06 Cr in March 2021 before declining to 15.62 Cr in March 2025. The total operating income followed a similar trend, reaching a high of 26.41 Cr in March 2020 and dropping to 15.62 Cr by March 2025. The company's total expenditure, excluding depreciation, has also seen an increase, rising from 16.20 Cr in March 2019 to 22.86 Cr in March 2025. This has contributed to operating losses, with the operating profit (PBDIT) excluding other income showing a consistent negative trend, culminating in a loss of -7.24 Cr in March 2025. The net profit has been particularly volatile, with a significant profit of 205.10 Cr in March 2024, followed by a sharp decline to -20.14 Cr in March 2025. The company's total assets increased dramatically from 29.62 Cr in March 2019 to 324.16 Cr in March 2024, indicating substantial growth in resources, although total liabilities also rose from 29.62 Cr to 67.73 Cr in the same period. Cash flow from operating activities has fluctuated, with a positive cash flow of 11.00 Cr in March 2024, contrasting with negative cash flows in previous years. Overall, Athena Global's financial performance reflects a challenging environment with significant volatility in sales and profitability.
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