How has been the historical performance of India Homes?

Answer:The historical performance of India Homes shows a significant decline in financial metrics over the years, particularly in net sales and profitability.

Breakdown:
India Homes has experienced a dramatic decrease in net sales, dropping from 967.29 crore in March 2018 to just 4.71 crore in March 2023. This decline is mirrored in total operating income, which fell from 967.29 crore in March 2018 to 4.71 crore in March 2023. The company's total expenditure, excluding depreciation, also decreased significantly from 966.72 crore in March 2018 to 24.68 crore in March 2023. Operating profit (PBDIT) has been negative since March 2021, worsening from -0.44 crore in March 2021 to -18.08 crore in March 2023. Profit before tax and profit after tax have similarly shown negative trends, with losses increasing from -5.40 crore in March 2019 to -35.92 crore in March 2023. The company's total assets decreased from 594.08 crore in March 2019 to 412.65 crore in March 2023, while total liabilities also fell from 594.08 crore to 412.65 crore in the same period. Cash flow from operating activities has remained negative, indicating ongoing financial challenges, with cash flow from investing activities showing minimal activity. Overall, the financial data reflects a concerning trend of declining revenues and increasing losses for India Homes over the past several years.