How has been the historical performance of Banas Finance?

Answer:The historical performance of Banas Finance shows significant fluctuations in key financial metrics over the years.

Breakdown:
Banas Finance's net sales have varied considerably, peaking at 97.80 Cr in March 2022 before declining to 42.87 Cr in March 2025. The total operating income followed a similar trend, reaching 97.80 Cr in March 2022 and dropping to 42.87 Cr in March 2025. Total expenditure, excluding depreciation, saw a notable increase to 80.88 Cr in March 2025 from 39.92 Cr in March 2024, leading to an operating profit (PBDIT) of -38.01 Cr in March 2025, a stark contrast to the positive 26.72 Cr in March 2024. Consequently, the profit before tax also turned negative at -37.45 Cr in March 2025, compared to a profit of 33.63 Cr in the previous year. The profit after tax mirrored this decline, resulting in a loss of -25.84 Cr in March 2025, following a profit of 2.25 Cr in March 2024. The company's earnings per share (EPS) reflected this downturn, falling to -2.18 in March 2025 from 0.69 in March 2024. On the balance sheet, total liabilities increased to 176.28 Cr in March 2025, while total assets rose to 176.28 Cr, indicating a stable asset base despite the losses. Cash flow from operating activities remained stagnant at 0.00 Cr in March 2025, with net cash outflow recorded at -2.00 Cr. Overall, Banas Finance's financial performance has shown volatility, with significant losses in recent years following a period of profitability.