How has been the historical performance of Jet Solar?

Answer:The historical performance of Jet Solar shows a fluctuating trend in its financial metrics over the years, with notable changes in net sales, operating profit, and overall financial position.

Breakdown:
Jet Solar's net sales have varied significantly, peaking at 2.75 Cr in March 2019, before declining to 0.54 Cr in March 2025. The total operating income followed a similar trend, reaching its highest at 2.75 Cr in March 2019 and dropping to 0.54 Cr by March 2025. The company has consistently reported no other operating income. Total expenditure, excluding depreciation, has increased from 1.15 Cr in March 2020 to 1.19 Cr in March 2025, contributing to operating losses, with operating profit (PBDIT) showing a negative trend, culminating in -0.65 Cr in March 2025. Despite these losses, the company reported a profit before tax of 0.06 Cr in March 2025, maintaining a profit after tax of 0.04 Cr. The earnings per share (EPS) have fluctuated, with a recent value of 0.04 in March 2025, down from 0.14 in March 2024. The balance sheet reflects a significant increase in shareholder's funds from 5.66 Cr in March 2024 to 17.86 Cr in March 2025, driven by an increase in equity capital and reserves. Total liabilities also rose sharply to 22.66 Cr in March 2025, primarily due to increased current liabilities. Cash flow from operating activities has been negative at -2.00 Cr in March 2025, while cash flow from financing activities showed a positive inflow of 12.00 Cr, indicating reliance on financing to support operations. Overall, Jet Solar's financial performance has been characterized by volatility, with a mix of operational challenges and capital restructuring efforts.