How has been the historical performance of Paos Industries?

Answer:The historical performance of Paos Industries shows a consistent lack of revenue generation and significant losses over the years.

Breakdown:
Paos Industries has reported zero net sales and zero other operating income from March 2018 to March 2023, indicating no operational revenue during this period. The total operating income has also remained at zero, with raw material costs, purchase of finished goods, and other operational expenses consistently reported as zero, except for employee costs which slightly decreased from 0.08 crore in March 2018 to 0.05 crore in March 2023. The total expenditure, excluding depreciation, has fluctuated slightly but remained low, culminating in a total of 0.14 crore in March 2023. Operating profit has been negative throughout, with the operating profit margin consistently at 0.0%. The profit before tax has shown a gradual improvement from -0.44 crore in March 2021 to -0.29 crore in March 2023. The consolidated net profit has also improved slightly from -3.30 crore in March 2021 to -0.29 crore in March 2023. However, the company has negative reserves and shareholder's funds, with a book value per share of -28.56 in March 2023. Cash flow from operating activities has remained at zero, reflecting no cash generation from operations, and the total assets have decreased significantly from 3.04 crore in March 2020 to just 0.09 crore in March 2023. Overall, Paos Industries has faced persistent financial challenges with no signs of operational profitability or asset growth.