How has been the historical performance of Priya?
Priya has experienced a significant decline in financial performance, with net sales dropping to zero and total expenditures decreasing to 0.31 crore by March 2025. The company has consistently reported negative operating profit margins and reserves, reflecting a deteriorating financial position.
Answer:The historical performance of Priya shows a significant decline in financial metrics over the years, particularly from March 2020 onwards.Breakdown:
Priya's net sales have dropped from 22.09 crore in March 2019 to zero in the last three years, indicating a complete cessation of revenue generation. Total operating income followed a similar trend, peaking at 4.86 crore in March 2020 before falling to zero by March 2025. The company's total expenditure, which was 40.92 crore in March 2020, has also decreased significantly to 0.31 crore by March 2025. Operating profit margins have consistently remained negative, with the operating profit (PBDIT) reaching -36.06 crore in March 2020 and improving slightly to -0.29 crore in March 2025. The profit before tax has shown a similar pattern, declining from -39.39 crore in March 2020 to -3.92 crore in March 2025. The company's reserves have turned negative, dropping from 10.06 crore in March 2019 to -51.98 crore in March 2025, reflecting a deteriorating financial position. The book value per share has also worsened, moving from -54.1 in March 2019 to -163.14 in March 2025. Overall, Priya's financial performance indicates a troubling trend of declining revenues, increasing losses, and negative equity over the years.
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