How has been the historical performance of Minolta Finance?
Minolta Finance has experienced growth in net sales and operating income from Mar'22 to Mar'25, but faces challenges with rising expenditures and liabilities, resulting in a decline in profits. Total liabilities surged significantly, primarily due to increased short-term borrowings, while cash flow from operations remained stagnant.
Answer:The historical performance of Minolta Finance shows a fluctuating trend in its financial metrics over the years.Breakdown:
Minolta Finance's net sales have increased from 0.39 Cr in Mar'22 to 1.02 Cr in Mar'25, indicating a positive growth trajectory. Total operating income followed a similar trend, rising from 0.39 Cr in Mar'22 to 1.02 Cr in Mar'25. However, total expenditure has also increased, from 0.32 Cr in Mar'22 to 1.00 Cr in Mar'25, leading to a modest operating profit of 0.02 Cr in Mar'25, down from 0.07 Cr in the previous year. Profit before tax has seen a slight decline to 0.01 Cr in Mar'25, while profit after tax was 0.01 Cr, a decrease from 0.05 Cr in Mar'24. The company's total liabilities surged to 58.79 Cr in Mar'25 from 12.22 Cr in Mar'24, primarily due to an increase in short-term borrowings, which rose to 47.53 Cr. Total assets also increased to 58.79 Cr in Mar'25, reflecting the rise in liabilities. Cash flow from operating activities remained stagnant, with no cash inflow or outflow reported in the last few years. Overall, while Minolta Finance has shown growth in sales and operating income, it faces challenges with rising expenditures and increasing liabilities.
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