How has been the historical performance of Pasari Spinning?

Answer:The historical performance of Pasari Spinning shows a consistent lack of net sales over the years, remaining at 0.00 Cr from Mar'19 to Mar'25. However, the company has generated other operating income, which has remained stable at 0.69 Cr from Mar'22 to Mar'25, with a slight increase from 0.65 Cr in Mar'21. Total operating income has also remained consistent at 0.69 Cr during the same period. Total expenditure, excluding depreciation, has fluctuated, with a notable decrease to 0.26 Cr in Mar'25 from 0.85 Cr in Mar'23. Operating profit (PBDIT) has shown variability, with a loss of -0.16 Cr in Mar'23, recovering to 0.43 Cr in Mar'25. Profit before tax has also seen fluctuations, with a loss of -0.29 Cr in Mar'23, followed by a profit of 0.34 Cr in Mar'25. Profit after tax has similarly improved from a loss of -0.27 Cr in Mar'23 to a profit of 0.36 Cr in Mar'25. The company's reserves have been negative, decreasing from -12.14 Cr in Mar'20 to -13.75 Cr in Mar'25. The book value per share has also remained negative, reaching -0.22 in Mar'24. Cash flow results indicate no cash inflow or outflow across the years, remaining at 0.00 Cr.

Breakdown:
Pasari Spinning's financial history reflects a stagnant revenue stream, with net sales consistently at 0.00 Cr from Mar'19 to Mar'25. The company has maintained other operating income at 0.69 Cr since Mar'22, indicating some operational activity despite the absence of sales. Total expenditure has decreased significantly from 0.85 Cr in Mar'23 to 0.26 Cr in Mar'25, which has positively impacted operating profit, moving from a loss in Mar'23 to a profit in Mar'25. Profit before tax and profit after tax have similarly improved, showcasing a recovery from previous losses. However, the company continues to face challenges with negative reserves and book value per share, indicating ongoing financial difficulties. Cash flow statements reveal no movement, suggesting a lack of operational cash generation. Overall, while there are signs of recovery in profitability, the company still grapples with fundamental financial issues.