How has been the historical performance of Iconik Sports?
Iconik Sports experienced significant growth in the fiscal year ending March 2025, with net sales rising from 0.03 Cr to 12.71 Cr, and operating profit improving to 3.47 Cr from a loss the previous year. Profit after tax reached 2.60 Cr, and earnings per share increased to 1.32, indicating a strong recovery and positive financial trajectory.
Answer:The historical performance of Iconik Sports shows significant growth in net sales, particularly in the fiscal year ending March 2025, where net sales reached 12.71 Cr, a substantial increase from just 0.03 Cr in March 2024. This upward trend is reflected in total operating income, which also rose to 12.71 Cr in March 2025 from 0.03 Cr the previous year. Operating profit, excluding other income, improved markedly to 3.47 Cr in March 2025, compared to a loss of 0.06 Cr in March 2024. The profit before tax for March 2025 was 3.48 Cr, a significant recovery from the previous year's loss, and profit after tax reached 2.60 Cr, up from a loss of 0.06 Cr in March 2024. The earnings per share (EPS) also saw a positive shift, reaching 1.32 in March 2025, compared to a negative EPS of -0.48 in March 2024. Breakdown:
Iconik Sports has demonstrated a remarkable turnaround in its financial performance over the years, particularly highlighted by the fiscal year ending March 2025. The company experienced a dramatic increase in net sales from 0.03 Cr in March 2024 to 12.71 Cr in March 2025, indicating a strong market presence. Total operating income mirrored this growth, reaching 12.71 Cr in March 2025. The operating profit, which had been negative in the previous year, rebounded to 3.47 Cr, showcasing improved operational efficiency. The profit before tax also turned positive, amounting to 3.48 Cr, while profit after tax reached 2.60 Cr, a significant improvement from the prior year's loss. This positive trend is further underscored by the earnings per share, which rose to 1.32 from a negative figure the previous year, reflecting the company's recovery and growth trajectory.
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