How has been the historical performance of Max Heights?

Answer:The historical performance of Max Heights shows significant fluctuations in key financial metrics over the years.

Breakdown:
Max Heights experienced a notable increase in net sales from INR 7.18 crore in March 2023 to INR 22.42 crore in March 2024, following a trend of varying sales figures over the previous years, peaking at INR 59.70 crore in March 2018. The total operating income also rose to INR 22.42 crore in March 2024 from INR 7.18 crore in the prior year. However, the total expenditure, excluding depreciation, increased sharply to INR 21.95 crore in March 2024 from INR 5.18 crore in March 2023. This resulted in an operating profit of INR 1.17 crore in March 2024, down from INR 2.04 crore in March 2023. The profit before tax turned positive at INR 0.54 crore in March 2024, recovering from a loss of INR 1.79 crore in March 2023, leading to a profit after tax of INR 0.42 crore compared to a loss of INR 1.82 crore the previous year. The company's total liabilities decreased to INR 136.70 crore in March 2024 from INR 149.00 crore in March 2023, while total assets also fell to INR 136.70 crore from INR 149.00 crore. Cash flow from operating activities improved significantly to INR 10.00 crore in March 2024, contrasting with no cash flow in the previous year, although the net cash outflow was recorded at INR -1.00 crore. Overall, the financial performance of Max Heights reflects a recovery phase with improvements in sales and profitability, despite challenges in managing expenses and liabilities.