How has been the historical performance of Mahalaxmi Seam.?

Answer:The historical performance of Mahalaxmi Seam shows a fluctuating trend in net sales, with a slight increase from 1.84 Cr in Mar'24 to 1.86 Cr in Mar'25, following a peak of 2.02 Cr in Mar'22. The total operating income has similarly increased marginally over the last year. The total expenditure has risen from 1.10 Cr in Mar'24 to 1.13 Cr in Mar'25, primarily due to an increase in employee costs. Operating profit has decreased from 0.78 Cr in Mar'24 to 0.76 Cr in Mar'25, reflecting a decline in operating profit margin from 40.22% to 39.25%. Profit before tax improved to 0.19 Cr in Mar'25 from a loss of 1.32 Cr in Mar'24, leading to a profit after tax of 0.25 Cr, a recovery from the previous year's loss of 1.24 Cr. The earnings per share also turned positive at 0.47 in Mar'25, compared to a negative EPS of -2.35 in Mar'24. However, the company continues to face challenges with negative reserves and shareholder's funds, which stood at -5.75 Cr and -0.72 Cr respectively in Mar'24. The total assets decreased to 3.15 Cr in Mar'24 from 4.10 Cr in Mar'23, while total liabilities also fell to 3.15 Cr from 4.10 Cr, indicating a reduction in debt levels.

Breakdown:
Mahalaxmi Seam's financial performance over the years has shown variability, particularly in net sales, which peaked at 2.02 Cr in Mar'22 before declining to 1.86 Cr in Mar'25. The total operating income has mirrored this trend, with a slight increase noted in the latest year. Expenditures have risen, mainly due to higher employee costs, which have impacted operating profit margins negatively. Despite a decrease in operating profit, the company managed to turn around its profit before tax from a significant loss in the previous year to a modest gain in Mar'25, resulting in a positive profit after tax. The earnings per share have also improved significantly, indicating a recovery from prior losses. Nonetheless, the company continues to grapple with negative reserves and shareholder equity, alongside a decrease in total assets and liabilities, reflecting ongoing financial challenges.