How has been the historical performance of Gangotri Textile?

Answer:The historical performance of Gangotri Textile shows a consistent trend of no revenue generation and persistent losses over the years.

Breakdown:
Gangotri Textile has reported zero net sales and zero other operating income from March 2019 to March 2025, resulting in total operating income remaining at zero throughout this period. The total expenditure, excluding depreciation, has been minimal, with a slight decrease from 0.26 crore in March 2019 to 0.07 crore in March 2025, primarily driven by other expenses that have remained constant at 0.07 crore since March 2022. Operating profit (PBDIT) has consistently been negative, with losses of -0.07 crore from March 2023 to March 2025. The net profit has also shown a downward trend, with a significant loss of -0.86 crore in March 2023, followed by smaller losses of -0.07 crore in the subsequent years. The company has maintained a constant equity capital of 16.31 crore, but its reserves have been negative, reaching -343.50 crore by March 2025. The total liabilities have remained stable at approximately 240.47 crore, while total assets have slightly decreased to 15.19 crore in March 2025. Cash flow statements indicate no cash inflow or outflow across all activities, reflecting a stagnant financial position.