How has been the historical performance of Gourmet Gateway?

Answer:The historical performance of Gourmet Gateway shows significant growth in net sales and total operating income, with figures rising from zero in March 2022 to 165.74 crore in March 2025. However, despite this growth, the company has faced challenges in profitability, reporting a profit before tax of -3.37 crore in March 2025, down from a profit of 7.52 crore in March 2024. The profit after tax also declined to -2.62 crore in March 2025, compared to 5.62 crore in the previous year. The operating profit margin has decreased from 20.61% in March 2023 to 13.12% in March 2025, indicating rising costs relative to sales. The company's total liabilities increased to 203.03 crore in March 2025 from 171.87 crore in March 2024, while total assets also rose, reflecting a growing business but with increasing financial pressure.

Breakdown:
Gourmet Gateway's net sales and total operating income have shown a remarkable increase from zero in March 2022 to 165.74 crore in March 2025, indicating a strong upward trend in revenue generation. However, the company has struggled with profitability, as evidenced by a profit before tax that turned negative in March 2025 at -3.37 crore, down from a positive 7.52 crore in March 2024. The profit after tax followed suit, decreasing to -2.62 crore in March 2025 from 5.62 crore the previous year. Operating profit margins have also declined, reflecting challenges in managing costs, with the margin dropping from 20.61% in March 2023 to 13.12% in March 2025. On the balance sheet, total liabilities increased to 203.03 crore in March 2025, while total assets rose to the same figure, suggesting that while the business is expanding, it is also accumulating debt and financial obligations.