How has been the historical performance of Glance Finance?
Glance Finance has experienced significant growth from Mar'23 to Mar'25, with net sales increasing from 2.45 Cr to 16.62 Cr, and profit before tax improving from a loss of 0.32 Cr to a profit of 3.83 Cr. Key metrics such as total operating income and earnings per share also showed substantial gains during this period.
Answer:The historical performance of Glance Finance shows a significant growth trajectory in various financial metrics over the years.Breakdown:
Glance Finance has demonstrated a notable increase in net sales, rising from 2.45 Cr in Mar'23 to 16.62 Cr in Mar'25. Other operating income also grew from 5.76 Cr in Mar'23 to 8.78 Cr in Mar'25, contributing to a total operating income of 25.40 Cr in Mar'25, up from 8.21 Cr in Mar'23. The company's total expenditure, excluding depreciation, increased from 4.25 Cr in Mar'23 to 15.26 Cr in Mar'25, while operating profit (PBDIT) rose from 4.04 Cr in Mar'23 to 10.18 Cr in Mar'25. Profit before tax improved from a loss of 0.32 Cr in Mar'23 to a profit of 3.83 Cr in Mar'25, leading to a profit after tax of 2.32 Cr in Mar'25, compared to a loss of 0.29 Cr in Mar'23. The earnings per share (EPS) also saw a significant increase, from -1.27 in Mar'23 to 10.18 in Mar'25. On the balance sheet, total assets grew from 41.51 Cr in Mar'23 to 53.21 Cr in Mar'25, while total liabilities increased from 41.51 Cr to 53.21 Cr in the same period. The cash flow from operating activities remained stable at 11.00 Cr in both Mar'25 and Mar'24, indicating consistent operational performance. Overall, Glance Finance has shown a strong upward trend in key financial metrics over the past few years.
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