How has been the historical performance of Karma Energy Ltd?

Answer:The historical performance of Karma Energy Ltd shows fluctuations in key financial metrics over the years.

Breakdown:
Karma Energy Ltd's net sales increased from 25.28 Cr in Mar'21 to 31.66 Cr in Mar'22, although it was lower than the 41.88 Cr recorded in Mar'20. The total operating income followed a similar trend, rising to 31.66 Cr in Mar'22 from 25.28 Cr in Mar'21, but still below the levels seen in previous years. The company reported an operating profit of 9.19 Cr in Mar'22, a significant recovery from a loss of -0.73 Cr in Mar'21, although it was lower than the 14.16 Cr in Mar'20. Despite this improvement, the profit before tax remained negative at -1.76 Cr in Mar'22, though it was an improvement from -14.27 Cr in Mar'21. The profit after tax also showed a reduction in losses, decreasing to -1.62 Cr in Mar'22 from -13.27 Cr in Mar'21. The total liabilities of the company decreased significantly from 119.28 Cr in Mar'21 to 63.40 Cr in Mar'22, reflecting a reduction in both long-term and short-term borrowings. The total assets also declined from 119.28 Cr in Mar'21 to 63.40 Cr in Mar'22, indicating a tightening of the company's financial position. Cash flow from operating activities was negative at -1.00 Cr in Mar'22, consistent with the previous year's performance, while cash flow from investing activities improved significantly to 50.00 Cr in Mar'22 from 1.00 Cr in Mar'21. Overall, while there were signs of recovery in sales and operating profit, the company continued to face challenges with profitability and asset management.