How has been the historical performance of Photoquip India?
Photoquip India has shown a recovery in financial performance, with net sales increasing from 11.35 crore in Mar'21 to 17.14 crore in Mar'25, and a turnaround in profitability from losses in previous years to a profit of 0.34 crore in Mar'25. Total liabilities and assets have decreased, indicating a positive trend in the company's financial health.
Answer:The historical performance of Photoquip India shows a fluctuating trend in net sales and profitability over the years, with a notable recovery in recent periods.Breakdown:
Photoquip India's net sales have seen a gradual increase from 11.35 crore in Mar'21 to 17.14 crore in Mar'25, following a dip to 11.61 crore in Mar'23. The total operating income reflects a similar pattern, peaking at 27.39 crore in Mar'20 before declining to 17.14 crore in Mar'25. The company experienced significant losses in operating profit, with a low of -2.87 crore in Mar'21, but has shown improvement, achieving an operating profit of 1.31 crore in Mar'25. Profit before tax has also improved, moving from a loss of -3.24 crore in Mar'23 to a profit of 0.50 crore in Mar'25. The profit after tax followed suit, transitioning from a loss of -4.10 crore in Mar'23 to a profit of 0.34 crore in Mar'25. The company's total liabilities decreased from 34.61 crore in Mar'20 to 17.95 crore in Mar'25, while total assets also declined from 34.61 crore in Mar'20 to 17.95 crore in Mar'25. Overall, the financial data indicates a recovery trajectory for Photoquip India, with improvements in sales and profitability in the latest fiscal year.
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