How has been the historical performance of Globalspace Tech?

Answer:The historical performance of Globalspace Tech shows a fluctuating trend in net sales and profitability over the years, with a notable increase in net sales in March 2025 reaching 43.05 Cr, up from 29.05 Cr in March 2024 and 13.29 Cr in March 2022. However, the company has faced challenges in profitability, reporting a profit after tax of -2.00 Cr in March 2025, which is an improvement from -3.53 Cr in March 2024 but a decline from a profit of 0.69 Cr in March 2022. The operating profit margin has also decreased significantly, from 51.92% in March 2022 to 8.66% in March 2025. Total liabilities decreased to 68.06 Cr in March 2025 from 70.46 Cr in March 2024, while total assets also saw a decline to 68.06 Cr in March 2025 from 70.46 Cr in March 2024. The company has maintained a consistent share capital of 34.37 Cr since March 2024, with reserves decreasing to 19.89 Cr in March 2025 from 22.04 Cr in March 2024.

Breakdown:
Globalspace Tech's net sales have shown a significant upward trend, increasing from 29.05 Cr in March 2024 to 43.05 Cr in March 2025, indicating a recovery in revenue generation. Despite this growth in sales, the company has struggled with profitability, as evidenced by a profit after tax of -2.00 Cr in March 2025, which, although an improvement from -3.53 Cr in the previous year, reflects ongoing financial challenges. The operating profit margin has sharply declined from 51.92% in March 2022 to 8.66% in March 2025, highlighting issues with cost management or operational efficiency. On the balance sheet, total liabilities decreased to 68.06 Cr in March 2025, while total assets also fell to the same figure, suggesting a tightening of the company's financial position. The share capital remained stable at 34.37 Cr, but reserves have decreased to 19.89 Cr, indicating a reduction in retained earnings and overall financial health.