How has been the historical performance of Southern Latex?

Answer:The historical performance of Southern Latex shows consistent figures over the years, with no net sales or other operating income reported from March 2019 to March 2025. The total operating income remained at zero during this period, while the employee costs slightly fluctuated, peaking at 0.08 crore in March 2023 and 2024. The total expenditure, excluding depreciation, varied slightly, reaching a high of 0.26 crore in March 2024. Operating profit (PBDIT) excluding other income was negative throughout, with a loss of 0.25 crore in March 2025. However, the company reported other income that has remained relatively stable, contributing to a gross profit (PBDT) of 0.29 crore in March 2025. Profit before tax showed a slight increase over the years, reaching 0.27 crore in March 2025, while profit after tax was 0.23 crore in the same year. The net profit has been stable, with a slight increase from 0.19 crore in March 2020 to 0.23 crore in March 2025. The company's equity capital has remained constant at 7.36 crore, while total liabilities increased to 6.66 crore by March 2024. The total assets also grew to 6.66 crore in March 2024, with cash and bank balances showing a decline from 0.09 crore in March 2019 to 0.01 crore in March 2024. Overall, Southern Latex has not generated revenue but has maintained a consistent financial structure with slight improvements in profitability metrics.

Breakdown:
Southern Latex has consistently reported zero net sales and other operating income from March 2019 to March 2025, indicating a lack of revenue generation. Employee costs have shown minor fluctuations, with a peak of 0.08 crore in March 2023 and 2024. The total expenditure, excluding depreciation, reached a maximum of 0.26 crore in March 2024. Operating profit (PBDIT) has remained negative, with a loss of 0.25 crore in March 2025, despite stable other income contributing to a gross profit (PBDT) of 0.29 crore. Profit before tax increased slightly to 0.27 crore in March 2025, while profit after tax was recorded at 0.23 crore. The net profit has shown a gradual increase from 0.19 crore in March 2020 to 0.23 crore in March 2025. The company's equity capital has remained unchanged at 7.36 crore, with total liabilities rising to 6.66 crore by March 2024, matching the total assets of 6.66 crore. Cash and bank balances have decreased from 0.09 crore in March 2019 to 0.01 crore in March 2024, reflecting a decline in liquidity. Overall, Southern Latex's financial performance indicates stability in its structure but highlights ongoing challenges in revenue generation.