How has been the historical performance of Modipon?

Answer:The historical performance of Modipon shows a consistent trend of zero net sales and other operating income over the past several years, indicating no revenue generation from its operations. The total operating income has remained at zero, with raw material costs, purchase of finished goods, and other operational expenses also reflecting no activity. Employee costs have slightly increased from 0.25 Cr in Mar'23 to 0.28 Cr in Mar'25, while other expenses have shown a decrease from 0.54 Cr in Mar'20 to 0.43 Cr in Mar'25. Despite these minor fluctuations in costs, the company has reported operating losses, with an operating profit (PBDIT) of -0.66 Cr in Mar'25, a decline from a profit of 0.66 Cr in Mar'22. The profit after tax has also been negative at -0.66 Cr in Mar'25, continuing a trend of losses since Mar'20.

Breakdown:
Modipon's financial results reveal a stark lack of operational activity, with net sales and total operating income consistently at zero from Mar'19 to Mar'25. Employee costs have shown a slight upward trend, increasing to 0.28 Cr in Mar'25, while other expenses have decreased over the years. The company has faced operating losses, with the operating profit (PBDIT) declining to -0.66 Cr in Mar'25 from a profit of 0.66 Cr in Mar'22. The profit after tax has remained negative, reflecting ongoing financial challenges. The balance sheet indicates total liabilities of 7.65 Cr in Mar'25, with shareholder's funds at -91.75 Cr, highlighting a significant deficit in equity. Cash flow statements show no cash inflow or outflow, indicating a complete halt in operational activities. Overall, Modipon's financial performance has been characterized by persistent losses and a lack of revenue generation.