How has been the historical performance of Golden Carpets?

Answer:The historical performance of Golden Carpets shows a fluctuating trend in net sales, with a slight increase from 0.59 Cr in Mar'22 to 0.67 Cr in Mar'23, although it remains lower than the 0.91 Cr recorded in Mar'21 and 1.19 Cr in Mar'20. The total operating income followed a similar pattern, peaking at 1.19 Cr in Mar'20 before declining to 0.67 Cr in Mar'23. Operating profit has been negative for the past three years, with a loss of -0.07 Cr in Mar'23, an improvement from -0.16 Cr in Mar'22. The profit before tax also remained negative, at -0.20 Cr in Mar'23, slightly better than -0.27 Cr in Mar'22. The net profit for Mar'23 was -0.20 Cr, an improvement from -0.25 Cr in the previous year. The company's earnings per share (EPS) reflected this trend, with a loss of -0.24 in Mar'23 compared to -0.30 in Mar'22. The operating profit margin showed a significant improvement, moving from -38.98% in Mar'22 to -14.93% in Mar'23, while the profit after tax margin also improved from -42.37% to -29.85%.

In terms of balance sheet performance, total liabilities decreased from 5.09 Cr in Mar'22 to 4.88 Cr in Mar'23, while total assets also declined from 5.09 Cr to 4.88 Cr in the same period. The company's shareholder's funds turned negative, showing -0.05 Cr in Mar'24, down from -0.00 Cr in Mar'23. The book value per share adjusted to -0.06 in Mar'24, down from 0 in Mar'23. Cash flow results indicate no cash inflow or outflow across the years, reflecting a stagnant cash position. Overall, Golden Carpets has shown some signs of improvement in operational metrics, but it continues to face challenges in profitability and asset management.