How has been the historical performance of Paul Merchants?

Answer:The historical performance of Paul Merchants shows significant fluctuations in key financial metrics over the years.

Breakdown:
Paul Merchants experienced a decline in net sales from 7,010.90 Cr in Mar'23 to 3,334.68 Cr in Mar'25, indicating a downward trend in revenue. Total operating income followed a similar pattern, decreasing from 7,010.90 Cr in Mar'23 to 3,334.68 Cr in Mar'25. The company's operating profit (PBDIT) also turned negative in Mar'25 at -4.02 Cr, down from a positive 126.89 Cr in Mar'24. This decline in profitability is reflected in the profit before tax, which fell from 121.62 Cr in Mar'24 to -11.05 Cr in Mar'25, leading to a profit after tax of -12.29 Cr in Mar'25 compared to 113.93 Cr in Mar'24. Despite these challenges, the net profit showed a positive trend, increasing from 56.38 Cr in Mar'24 to 63.84 Cr in Mar'25, largely due to adjustments in extraordinary items. The company's total assets rose from 887.35 Cr in Mar'23 to 1,153.44 Cr in Mar'24, while total liabilities also increased, reflecting a growing financial structure. Cash flow from operating activities remained negative, indicating ongoing operational challenges, although cash and cash equivalents improved slightly from 22.00 Cr in Mar'23 to 25.00 Cr in Mar'24. Overall, the financial performance of Paul Merchants has been marked by volatility, with significant changes in revenue, profitability, and cash flow.