How has been the historical performance of Premier?

Answer:The historical performance of Premier shows a significant decline in net sales and profitability over the years, culminating in a challenging financial position by March 2025.

Breakdown:
Premier's net sales have decreased drastically from INR 16.50 crore in March 2019 to zero in March 2025, reflecting a continuous downward trend. Total operating income followed a similar trajectory, dropping from INR 16.50 crore in March 2019 to zero in the latest fiscal year. The company's total expenditure, excluding depreciation, also saw a decline, from INR 104.40 crore in March 2019 to INR 2.05 crore in March 2025. Operating profit (PBDIT) has remained negative, worsening from -72.15 crore in March 2019 to -0.98 crore in March 2025. The profit before tax has similarly deteriorated, moving from -195.59 crore in March 2019 to -8.14 crore in March 2025. The consolidated net profit has shown a consistent loss, decreasing from -196.59 crore in March 2019 to -8.14 crore in March 2025. The company's total assets have also diminished from INR 290.04 crore in March 2020 to INR 183.38 crore in March 2025, while total liabilities have decreased from INR 290.04 crore to INR 183.38 crore over the same period. Cash flow from operating activities has remained negative, with a cash outflow of -1.00 crore reported in March 2025. Overall, Premier's financial performance indicates severe challenges, with a trend of declining revenues and increasing losses.