How has been the historical performance of Kanco Tea?

Answer:The historical performance of Kanco Tea shows a significant decline in net sales and profitability over the past few years, culminating in losses in the most recent fiscal year.

Breakdown:
Kanco Tea's net sales have decreased from 105.84 Cr in Mar'23 to 63.60 Cr in Mar'25, reflecting a downward trend in revenue. The total operating income followed a similar pattern, dropping from 105.84 Cr in Mar'23 to 63.60 Cr in Mar'25. The company's total expenditure, excluding depreciation, also decreased from 94.99 Cr in Mar'23 to 69.99 Cr in Mar'25, but this reduction was not sufficient to prevent operating losses. The operating profit (PBDIT) turned negative, going from a profit of 11.38 Cr in Mar'23 to a loss of 1.76 Cr in Mar'25. Consequently, profit before tax and profit after tax also reflected losses, with figures of -7.87 Cr and -8.34 Cr respectively in Mar'25. The company's total liabilities increased slightly from 114.28 Cr in Mar'24 to 116.94 Cr in Mar'25, while total assets remained relatively stable at 116.94 Cr in Mar'25 compared to 117.44 Cr in Mar'23. Cash flow from operating activities has been negative in the last two years, indicating ongoing challenges in generating cash from core operations. Overall, Kanco Tea's financial performance has deteriorated significantly, leading to negative earnings per share of -16.29 in Mar'25, down from a positive 17.07 in Mar'23.