How has been the historical performance of Choksi Asia?

Answer:The historical performance of Choksi Asia shows significant fluctuations in its financial metrics over the years, with a notable increase in net sales and profitability in the latest fiscal year.

Breakdown:
Choksi Asia's net sales have seen a remarkable rise from 0.77 Cr in Mar'23 to 36.98 Cr in Mar'25, indicating a strong growth trajectory. Total operating income followed a similar trend, increasing from 0.77 Cr in Mar'23 to 36.98 Cr in Mar'25. The company's total expenditure also rose, but at a slower pace, from 2.21 Cr in Mar'23 to 33.18 Cr in Mar'25, leading to an operating profit (PBDIT) of 5.38 Cr in Mar'25, a significant recovery from a loss of 0.28 Cr in Mar'23. Profit before tax improved to 4.73 Cr in Mar'25 from a loss of 0.44 Cr in Mar'23, while profit after tax reached 3.10 Cr, up from a loss of 0.48 Cr in the previous year. The company's total assets increased from 18.05 Cr in Mar'23 to 47.18 Cr in Mar'25, reflecting a solid growth in its financial position. However, total liabilities also rose from 18.05 Cr to 47.18 Cr during the same period, indicating a need for careful management of debt, which increased from 0.00 Cr to 4.77 Cr. Cash flow from operating activities remained negative at -2.00 Cr in Mar'25, although the closing cash and cash equivalents improved to 7.00 Cr from 4.00 Cr in Mar'23. Overall, Choksi Asia has shown a strong recovery in sales and profitability, although it faces challenges in cash flow and rising liabilities.