How has been the historical performance of Panjon?

Answer:The historical performance of Panjon shows significant fluctuations in net sales and profitability over the years.

Breakdown:
Panjon's net sales have seen a notable increase from Mar'23 to Mar'25, rising from 6.09 Cr to 30.46 Cr, with a peak in Mar'24 at 12.55 Cr. However, the total operating income also reflects this trend, growing from 6.09 Cr in Mar'23 to 30.46 Cr in Mar'25. The company's total expenditure, excluding depreciation, has increased from 6.10 Cr in Mar'23 to 29.84 Cr in Mar'25, indicating rising costs associated with the increased sales. Operating profit, which was negative in Mar'22 at -3.75 Cr, turned positive in Mar'25 at 0.93 Cr, showcasing a recovery in operational efficiency. Profit before tax improved from 0.12 Cr in Mar'23 to 0.53 Cr in Mar'25, while profit after tax followed a similar trend, moving from 0.12 Cr to 0.53 Cr in the same period. The earnings per share (EPS) also increased from 0.08 in Mar'23 to 0.31 in Mar'25, reflecting improved profitability. Despite these gains, the company's reserves have remained negative, indicating ongoing financial challenges. Overall, Panjon's performance has shown a recovery trajectory in recent years, particularly in sales and profitability metrics.