How has been the historical performance of Net Avenue?

Answer:The historical performance of Net Avenue shows a decline in net sales and profitability over the past three years, culminating in a significant loss in the most recent fiscal year.

Breakdown:
Net Avenue's net sales decreased from 33.44 Cr in Mar'23 to 26.71 Cr in Mar'24, and further to 27.11 Cr in Mar'25. Total operating income mirrored this trend, dropping from 33.44 Cr in Mar'23 to 26.71 Cr in Mar'24, and slightly increasing to 27.11 Cr in Mar'25. The company's total expenditure, excluding depreciation, was 34.30 Cr in Mar'23, reduced to 28.75 Cr in Mar'24, but rose again to 31.74 Cr in Mar'25. Operating profit (PBDIT) fell from a profit of 2.03 Cr in Mar'23 to a loss of 1.77 Cr in Mar'24, worsening to a loss of 4.00 Cr in Mar'25. Consequently, the profit before tax transitioned from a profit of 1.78 Cr in Mar'23 to losses of 1.58 Cr in Mar'24 and 4.16 Cr in Mar'25. The consolidated net profit followed suit, moving from a profit of 1.78 Cr in Mar'23 to losses of 1.58 Cr in Mar'24 and 4.16 Cr in Mar'25. The earnings per share (EPS) reflected this downturn, dropping from 1.16 in Mar'23 to -0.74 in Mar'24 and further to -1.94 in Mar'25. On the balance sheet, total liabilities increased from 1,461.26 Cr in Mar'23 to 1,922.86 Cr in Mar'24, while total assets also rose from 1,461.26 Cr to 1,922.86 Cr in the same period. Cash flow from operating activities showed a negative trend, with -1.00 Cr in Mar'24 and a net cash inflow of 0.00 Cr in Mar'24. Overall, Net Avenue's financial performance indicates a challenging period with declining sales and increasing losses.