How has been the historical performance of Peria Kara. Tea?
Peria Kara. Tea has shown a recovery in its financial performance, with net sales increasing to 53.70 Cr in March 2024 from 51.54 Cr in March 2023, and a significant rise in operating profit to 12.04 Cr, leading to a profit after tax of 5.34 Cr. Total assets also grew to 227.85 Cr, indicating overall positive trends in profitability and cash flow.
Answer:The historical performance of Peria Kara. Tea shows a fluctuating trend in net sales and profitability over the years.Breakdown:
In the fiscal year ending March 2024, Peria Kara. Tea reported net sales of 53.70 Cr, an increase from 51.54 Cr in March 2023 and 47.20 Cr in March 2022, although lower than the peak of 72.79 Cr in March 2021. The total operating income mirrored this trend, reaching 53.70 Cr in March 2024. The company's total expenditure, excluding depreciation, decreased to 47.70 Cr in March 2024 from 50.29 Cr in March 2023. Operating profit (PBDIT) significantly improved to 12.04 Cr in March 2024, up from 1.90 Cr in the previous year, indicating a recovery from the negative operating profit seen in March 2023. Profit before tax also turned positive at 6.51 Cr in March 2024, compared to a loss of 3.16 Cr in March 2023, leading to a profit after tax of 5.34 Cr, a notable recovery from the previous year's loss of 3.36 Cr. The company’s total assets increased to 227.85 Cr in March 2024 from 215.85 Cr in March 2023, while total liabilities rose slightly to 227.85 Cr from 215.85 Cr. Cash flow from operating activities improved to 1.00 Cr in March 2024, contrasting with a negative cash flow of 29.00 Cr in March 2023. Overall, the financial metrics indicate a recovery trajectory for Peria Kara. Tea in the latest fiscal year.
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