How has been the historical performance of Garment Mantra?

Answer:The historical performance of Garment Mantra shows a declining trend in net sales and profit over the years, with a notable drop in recent periods.

Breakdown:
Garment Mantra's net sales have decreased from 203.90 Cr in Mar'22 to 132.41 Cr in Mar'25, reflecting a consistent decline over the years. Total operating income followed a similar trend, dropping from 171.97 Cr in Mar'23 to 132.41 Cr in Mar'25. The raw material cost also decreased significantly, from 174.75 Cr in Mar'22 to 126.30 Cr in Mar'25, while total expenditure (excluding depreciation) fell from 195.02 Cr in Mar'22 to 124.58 Cr in Mar'25. Operating profit (PBDIT) showed fluctuations, peaking at 15.22 Cr in Mar'21 but dropping to 8.26 Cr in Mar'25. Profit before tax increased slightly from 3.35 Cr in Mar'24 to 3.91 Cr in Mar'25, and profit after tax also rose from 2.47 Cr to 2.87 Cr in the same period. However, the overall trend in profitability has been downward, with profit after tax peaking at 7.85 Cr in Mar'21 before declining. The company's total liabilities decreased significantly from 148.90 Cr in Mar'24 to 89.98 Cr in Mar'25, while total assets also fell from 148.90 Cr to 89.98 Cr. Cash flow from operating activities improved to 14.00 Cr in Mar'25 from 3.00 Cr in Mar'24, but the net cash outflow was -35.00 Cr in Mar'25, indicating challenges in cash management. Overall, Garment Mantra has faced declining revenues and profits, alongside significant reductions in both assets and liabilities over the years.