How has been the historical performance of Polo Hotels?

Answer:The historical performance of Polo Hotels shows a significant decline in financial metrics over the years, particularly in net sales and profitability.

Breakdown:
Polo Hotels reported net sales of 0.05 Cr in March 2023, consistent with the previous year, but down from 0.08 Cr in March 2021 and significantly lower than 1.64 Cr in March 2019. Total operating income mirrored this trend, remaining at 0.05 Cr in March 2023, while total expenditure increased to 0.77 Cr, leading to an operating profit (PBDIT) of -0.71 Cr, a deterioration from -0.46 Cr in March 2022. Profit before tax also worsened to -0.88 Cr in March 2023 from -0.61 Cr in March 2022. The company's earnings per share (EPS) fell to -0.39 in March 2023, compared to -0.27 in the prior year. On the balance sheet, total liabilities rose to 173.48 Cr in March 2023, up from 165.04 Cr in March 2022, while total assets increased to 173.48 Cr as well. Cash flow from operating activities decreased to 3.00 Cr in March 2023 from 4.00 Cr in March 2022, reflecting ongoing challenges in maintaining profitability and managing expenses. Overall, Polo Hotels has shown a declining trend in key financial metrics, indicating significant operational difficulties.