How has been the historical performance of Praxis Home?

Answer:The historical performance of Praxis Home shows a significant decline in net sales and profitability over the years, particularly from March 2023 to March 2025.

Breakdown:
Praxis Home's net sales have decreased sharply from 386.05 Cr in March 2023 to 118.97 Cr in March 2025, reflecting a downward trend in total operating income as well. The company's total expenditure, excluding depreciation, also fell from 389.74 Cr in March 2023 to 148.93 Cr in March 2025, but this reduction has not been sufficient to offset the decline in revenue, leading to an operating profit (PBDIT) of 9.19 Cr in March 2025, a recovery from a loss of 18.97 Cr in March 2024. However, the company still reported a profit before tax of -34.98 Cr in March 2025, an improvement from -85.71 Cr in March 2024. The profit after tax followed a similar trend, with losses decreasing from -85.71 Cr in March 2024 to -34.98 Cr in March 2025. The company's total assets remained relatively stable at 313.37 Cr in March 2025 compared to 319.23 Cr in March 2024, while total liabilities slightly decreased from 319.23 Cr to 313.37 Cr in the same period. Cash flow from operating activities has remained negative, indicating ongoing challenges in generating cash from core operations, although cash flow from financing activities showed a positive inflow of 28.00 Cr in March 2025.