How has been the historical performance of Avasara Finance?

Answer:The historical performance of Avasara Finance shows a declining trend in net sales and profitability over the years, culminating in a significant loss in the most recent fiscal year. Breakdown: Avasara Finance's net sales have decreased from 1.05 Cr in Mar'20 to 0.00 Cr in Mar'25, indicating a complete cessation of revenue generation. Other operating income has remained consistently at 0.00 Cr throughout this period. Total operating income peaked at 1.05 Cr in Mar'20 but fell to 0.00 Cr by Mar'25. The company's total expenditure, excluding depreciation, has fluctuated, reaching a high of 0.87 Cr in Mar'20 and dropping to 0.45 Cr in Mar'25. Operating profit, which was positive at 0.18 Cr in Mar'20, turned negative, resulting in an operating loss of -0.45 Cr in Mar'25. Profit before tax and profit after tax also reflect this downward trend, with losses of -0.45 Cr in Mar'25 compared to a profit of 0.27 Cr in Mar'21. The company's total assets have remained relatively stable, with a slight increase to 2.48 Cr in Mar'25, while total liabilities have decreased to 2.48 Cr in the same period. Cash flow has been stagnant, with no cash inflow or outflow reported in recent years. Overall, Avasara Finance has faced significant challenges, leading to a deteriorating financial position.