How has been the historical performance of Indiabulls Enter?

Answer:The historical performance of Indiabulls Enter shows a significant decline in net sales and profitability over the years, culminating in negative results for the most recent fiscal year.

Breakdown:
Indiabulls Enter's net sales decreased from 193.58 crore in March 2022 to 54.86 crore in March 2025, reflecting a downward trend in total operating income as well, which fell from 193.58 crore to 54.86 crore during the same period. The company has consistently reported no other operating income, and its total expenditure, excluding depreciation, rose sharply to 176.84 crore in March 2025 from 59.85 crore in March 2024. This led to an operating profit (PBDIT) of -118.17 crore in March 2025, a significant decline from a positive 38.89 crore in March 2023. The profit before tax also worsened, showing a loss of -137.81 crore in March 2025 compared to a profit of 5.69 crore in March 2023. Consequently, the profit after tax for March 2025 was -137.49 crore, down from a profit of 2.23 crore in March 2023. The company's total assets decreased from 675.75 crore in March 2022 to 275.20 crore in March 2025, while total liabilities also saw a reduction from 524.76 crore to 275.20 crore. Cash flow from operating activities has also declined, with a cash inflow of only 33 crore in March 2025 compared to 232 crore in March 2023. Overall, these figures indicate a troubling trend for Indiabulls Enter, characterized by declining revenues, increasing losses, and reduced asset values.