How has been the historical performance of Golden Carpets?

Answer:The historical performance of Golden Carpets shows a fluctuating trend in net sales and profitability over the years, with a notable decline in recent periods.

Breakdown:
Golden Carpets reported net sales of 0.67 Cr in March 2023, an increase from 0.59 Cr in March 2022, but a decrease from 0.91 Cr in March 2021 and 1.19 Cr in March 2020. The total operating income mirrored this trend, reaching 0.67 Cr in March 2023, up from 0.59 Cr in the previous year but down from 1.19 Cr in March 2020. The company's total expenditure, excluding depreciation, was 0.77 Cr in March 2023, slightly lower than 0.82 Cr in March 2022. Operating profit (PBDIT) was negative at -0.07 Cr in March 2023, an improvement from -0.16 Cr in March 2022, but a decline from positive figures in earlier years. Profit before tax also remained negative at -0.20 Cr in March 2023, although it improved from -0.27 Cr in March 2022. Profit after tax followed a similar pattern, with a loss of -0.20 Cr in March 2023 compared to -0.25 Cr in March 2022. The company's total assets decreased to 4.97 Cr in March 2023 from 5.09 Cr in March 2022, while total liabilities also declined to 4.97 Cr from 5.09 Cr in the same period. Cash flow activities showed no inflow or outflow, indicating a stagnant cash position. Overall, Golden Carpets has faced challenges in maintaining profitability and growth in recent years.