How has been the historical performance of Morarjee Text.?

Answer:The historical performance of Morarjee Text has shown significant fluctuations over the years, particularly in terms of revenue and profitability.

Breakdown:
Morarjee Text's net sales decreased from 272.33 Cr in Mar'22 to 206.87 Cr in Mar'23, following a trend of volatility with a peak of 382.04 Cr in Mar'20. The total operating income mirrored this decline, dropping to 206.87 Cr in Mar'23 from 272.33 Cr in the previous year. The company's operating profit turned negative in Mar'23, reporting -50.53 Cr, a stark contrast to the positive operating profit of 7.23 Cr in Mar'22. This decline in profitability is reflected in the operating profit margin, which fell to -25.05% in Mar'23 from 2.22% in Mar'22. The net profit also worsened significantly, with a loss of -185.25 Cr in Mar'23 compared to -88.11 Cr in Mar'22. The total liabilities decreased to 473.41 Cr in Mar'23 from 596.56 Cr in Mar'22, while total assets also fell to 473.41 Cr from 596.56 Cr in the same period. Cash flow from operating activities showed a slight decrease, with 7.00 Cr in Mar'23 compared to 17.00 Cr in Mar'22, leading to a net cash outflow of -14.00 Cr in Mar'23. Overall, Morarjee Text has experienced a challenging financial landscape, marked by declining revenues and increasing losses.