How has been the historical performance of Ekennis Software?

Answer:The historical performance of Ekennis Software shows a significant decline in key financial metrics from March 2023 to March 2024. Breakdown: In the fiscal year ending March 2024, Ekennis Software reported net sales of 2.80 Cr, a decrease from 6.33 Cr in the previous year. Total operating income mirrored this decline, falling to 2.80 Cr from 6.33 Cr. The company's total expenditure also decreased to 2.71 Cr from 5.21 Cr, primarily driven by a reduction in employee costs, which dropped to 1.29 Cr from 3.62 Cr. Operating profit (PBDIT) decreased to 0.29 Cr from 1.28 Cr, and profit before tax fell sharply to 0.04 Cr from 1.11 Cr. Consequently, profit after tax plummeted to 0.00 Cr from 0.78 Cr, resulting in an earnings per share (EPS) of 0.0 compared to 5.57 in the prior year. The operating profit margin also contracted significantly to 3.21% from 17.69%, while the profit after tax margin fell to 0.0% from 12.32%. On the balance sheet, total liabilities decreased to 5.60 Cr from 5.97 Cr, and total assets also declined to 5.60 Cr from 5.97 Cr, with cash and cash equivalents remaining stable at 2.00 Cr. Overall, the financial performance of Ekennis Software reflects a challenging year with substantial declines across multiple key metrics.