How has been the historical performance of K G Denim?

Answer:The historical performance of K G Denim shows a significant decline in net sales and profitability over the years, culminating in a challenging financial position by March 2025.

Breakdown:
K G Denim's net sales have decreased sharply from 532.55 crore in March 2023 to just 65.47 crore in March 2025, reflecting a downward trend over the years. The total operating income followed a similar trajectory, dropping from 611.57 crore in March 2022 to 65.47 crore in March 2025. This decline in revenue has been accompanied by escalating total expenditures, which reached 101.41 crore in March 2025, leading to an operating profit (PBDIT) of -28.09 crore. The company has faced increasing losses, with profit before tax plummeting to -46.82 crore in March 2025, compared to -7.47 crore in March 2022. Consequently, the profit after tax also worsened, resulting in a loss of -35.79 crore in March 2025. The company's financial health is further illustrated by a negative book value per share of -3.28 in March 2025, down from 18.1 in March 2023. Total liabilities have decreased to 311.17 crore, while total assets also fell to 311.17 crore, indicating a precarious balance sheet. Cash flow from operating activities turned negative at -1.00 crore in March 2025, contrasting sharply with positive cash flows in prior years. Overall, K G Denim's financial performance has deteriorated significantly, highlighting ongoing operational and financial challenges.