How has been the historical performance of Dec.Gold Mines?

Answer:The historical performance of Dec.Gold Mines shows a significant increase in net sales over the years, rising from 0.04 Cr in Mar'21 to 5.18 Cr in Mar'25. However, the company has faced substantial operating losses, with an operating profit (PBDIT) of -61.20 Cr in Mar'25, compared to -11.61 Cr in Mar'24 and -2.67 Cr in Mar'23. The total expenditure has also escalated, reaching 66.38 Cr in Mar'25, up from 15.31 Cr in Mar'24. Despite the increase in sales, the company reported a profit before tax of -83.70 Cr in Mar'25, indicating worsening financial health. The consolidated net profit also reflects this trend, with losses of -32.80 Cr in Mar'25, although this is an improvement from -63.69 Cr in Mar'24. The company's total assets grew to 325.14 Cr in Mar'24 from 165.85 Cr in Mar'23, driven by increased reserves and shareholder's funds, which reached 211.41 Cr in Mar'24. The cash flow from operating activities remained negative at -57.00 Cr in Mar'24, while cash flow from financing activities was positive at 211.00 Cr, suggesting reliance on external financing to support operations.

Breakdown:
Dec.Gold Mines has demonstrated a remarkable growth in net sales, escalating from 0.04 Cr in Mar'21 to 5.18 Cr in Mar'25, yet this increase has not translated into profitability, as evidenced by the operating profit (PBDIT) plunging to -61.20 Cr in Mar'25. The total expenditure surged to 66.38 Cr in the same period, reflecting rising operational costs. The company’s financial losses deepened, with a profit before tax of -83.70 Cr in Mar'25 and a consolidated net profit of -32.80 Cr, although this marked an improvement from the previous year. The balance sheet reveals total assets of 325.14 Cr in Mar'24, bolstered by increased reserves and shareholder's funds, which reached 211.41 Cr. Despite these assets, the cash flow from operating activities remained negative at -57.00 Cr, highlighting ongoing operational challenges, while financing activities provided a positive cash flow of 211.00 Cr, indicating a reliance on external funding to sustain operations.