How has been the historical performance of Binny Mills?

Answer:The historical performance of Binny Mills shows a declining trend in net sales and profitability over the years, culminating in significant losses in the latest fiscal year.

Breakdown:
Binny Mills reported net sales of 6.32 crore in March 2025, a decrease from 7.56 crore in March 2023 and 7.70 crore in March 2022. The total operating income followed a similar trend, dropping from 7.70 crore in March 2022 to 6.32 crore in March 2025. The company's total expenditure increased to 7.26 crore in March 2025 from 5.67 crore in March 2023, leading to an operating profit (PBDIT) of -0.02 crore in March 2025, down from 3.35 crore in March 2023. Interest expenses remained high at 12.66 crore in March 2025, contributing to a profit before tax of -12.71 crore, compared to -10.32 crore in March 2023. The profit after tax also reflected losses of -12.71 crore in March 2025, worsening from -10.88 crore in March 2023. The company's reserves turned negative, reaching -231.17 crore in March 2025, while shareholder's funds also declined to -228.59 crore. Cash flow from operating activities showed a positive trend at 26 crore in March 2025, but the overall cash position deteriorated, resulting in a closing cash balance of 0.00 crore. Overall, Binny Mills has faced significant financial challenges, with declining revenues, increasing losses, and negative equity over the years.