How has been the historical performance of Garment Mantra?

Answer:The historical performance of Garment Mantra shows a declining trend in net sales and profits over the past few years, with net sales decreasing from 203.90 Cr in Mar'22 to 132.41 Cr in Mar'25. The total operating income followed a similar pattern, dropping from 203.90 Cr in Mar'22 to 132.41 Cr in Mar'25. The company's operating profit (PBDIT) has also fluctuated, peaking at 15.22 Cr in Mar'21 before declining to 8.26 Cr in Mar'25. Profit before tax and profit after tax have shown a downward trajectory as well, with profit after tax falling from 7.85 Cr in Mar'21 to 2.87 Cr in Mar'25. 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 declined from 148.90 Cr to 89.98 Cr in the same period. Cash flow from operating activities improved to 14.00 Cr in Mar'25 from 3.00 Cr in Mar'24, but the net cash flow showed a negative trend with an outflow of 35.00 Cr in Mar'25. Breakdown: Garment Mantra's financial performance has been characterized by a consistent decline in net sales, which fell from 203.90 Cr in Mar'22 to 132.41 Cr in Mar'25, reflecting a challenging market environment. This decline in sales has been accompanied by a decrease in total operating income, which mirrored the sales trend. Operating profit (PBDIT) peaked at 15.22 Cr in Mar'21 but has since dropped to 8.26 Cr in Mar'25, indicating pressure on profitability. Profit before tax and profit after tax have also decreased significantly, with profit after tax declining from 7.85 Cr in Mar'21 to 2.87 Cr in Mar'25. On the balance sheet, total liabilities saw a notable reduction from 148.90 Cr in Mar'24 to 89.98 Cr in Mar'25, while total assets decreased correspondingly. Despite a positive cash flow from operating activities of 14.00 Cr in Mar'25, the overall cash flow situation deteriorated, resulting in a net cash outflow of 35.00 Cr for the same period.