How has been the historical performance of Purple Finance?

Answer:The historical performance of Purple Finance shows a trend of increasing net sales but persistent losses over the years.

Breakdown:
Purple Finance's net sales have significantly increased from 2.56 Cr in Mar'23 to 14.72 Cr in Mar'25, indicating a strong growth trajectory. However, the company has faced substantial operating losses, with an operating profit (PBDIT) of -18.75 Cr in Mar'25, worsening from -5.55 Cr in Mar'23. Total expenditure has also risen sharply, reaching 33.60 Cr in Mar'25 compared to 8.12 Cr in Mar'23. The profit before tax has deteriorated from -6.23 Cr in Mar'23 to -20.52 Cr in Mar'25, and the profit after tax has similarly declined from -6.33 Cr to -15.55 Cr over the same period. Despite these losses, the equity capital has increased from 23.02 Cr in Mar'23 to 44.82 Cr in Mar'25, reflecting a strengthening of shareholder's funds, which rose to 77.13 Cr. The company's total liabilities have also increased significantly, reaching 143.83 Cr in Mar'25, primarily driven by a rise in short-term borrowings from 0.30 Cr in Mar'23 to 71.98 Cr in Mar'25. Cash flow from operating activities has remained negative, with a cash outflow of -77.00 Cr in Mar'25, although net cash inflow has improved to 13.00 Cr due to financing activities. Overall, while Purple Finance has shown growth in sales and capital, it continues to struggle with profitability and increasing liabilities.