How has been the historical performance of Modipon?

Answer:The historical performance of Modipon shows a consistent trend of zero net sales and operating income over the past several years, with no significant revenue generation from 2019 to 2025. The total expenditure has fluctuated slightly, with a notable decrease from 2.39 crore in March 2019 to 0.71 crore in March 2025. Operating profit has been negative for the last six years, with a significant loss of -2.39 crore in March 2019, improving to -0.66 crore in March 2025. Profit after tax has also followed a similar trend, moving from -7.96 crore in March 2019 to -0.66 crore in March 2025. The company's reserves have been negative, reaching -103.32 crore in March 2025, while shareholder's funds have also remained negative, at -91.75 crore. The book value per share has decreased from -78.72 in March 2020 to -79.25 in March 2025. Cash flow from operating activities has been non-existent in recent years, with no cash inflow or outflow reported since March 2020.

Breakdown:
Modipon's financial performance indicates a lack of operational revenue, with net sales and total operating income consistently reported as zero from March 2019 to March 2025. The total expenditure has decreased over the years, reflecting cost-cutting measures, but the company continues to operate at a loss, with operating profit remaining negative. The losses have lessened over time, with operating profit improving from -2.39 crore in March 2019 to -0.66 crore in March 2025. Profit after tax has similarly improved, although it remains negative. The company's reserves have been negative since at least March 2019, culminating in -103.32 crore in March 2025, while shareholder's funds have also been negative throughout this period. The book value per share has deteriorated, indicating a decline in shareholder equity. Cash flow from operating activities has been stagnant, with no cash movement recorded since March 2020, highlighting ongoing financial challenges for the company.