How has been the historical performance of Jetmall Spices?

Answer:The historical performance of Jetmall Spices shows a significant decline in net sales and profitability over the years.

Breakdown:
Jetmall Spices has experienced a notable decrease in net sales, dropping from 39.14 crore in March 2020 to just 0.74 crore in March 2025. This decline reflects a consistent downward trend in total operating income, which fell from 43.44 crore in March 2019 to 0.74 crore in March 2025. The company's total expenditure has also decreased, but not at the same rate as sales, leading to negative operating profits in recent years, with an operating profit of -0.78 crore reported in March 2025. Profit before tax has similarly declined, reaching -0.78 crore in March 2025, compared to a profit of 0.24 crore in March 2019. Consequently, profit after tax has turned negative, recording -0.74 crore in March 2025, down from 0.18 crore in March 2019. The company's total assets decreased from 10.27 crore in March 2023 to 9.00 crore in March 2025, while total liabilities also fell, indicating a reduction in financial obligations. Cash flow from operating activities has been consistently low, with no inflow reported in recent years. Overall, Jetmall Spices has faced significant challenges, resulting in declining revenues and profitability.