How has been the historical performance of Southern Latex?

Answer:The historical performance of Southern Latex shows consistent figures across multiple financial metrics, indicating a stable but inactive operational status. Breakdown: Southern Latex has reported zero net sales and other operating income from March 2019 to March 2025, resulting in a total operating income of zero during this period. The company's total expenditure, excluding depreciation, has fluctuated slightly, with values ranging from 0.20 crore in March 2019 to 0.26 crore in March 2024, before slightly decreasing to 0.25 crore in March 2025. Operating profit (PBDIT) has remained negative, with losses increasing from -0.20 crore in March 2019 to -0.25 crore in March 2025. Despite these losses, the company has consistently reported other income, which has remained relatively stable, contributing to a gross profit (PBDT) of 0.29 crore in March 2025. Profit before tax has shown a slight increase over the years, reaching 0.27 crore in March 2025, while profit after tax has also improved to 0.23 crore. The company's total assets have gradually increased from 5.76 crore in March 2020 to 6.90 crore in March 2025, primarily driven by an increase in short-term loans and advances. Shareholder's funds have also risen from 5.68 crore in March 2020 to 6.77 crore in March 2025, reflecting a gradual improvement in the company's financial position. However, cash flow statements indicate no cash inflow or outflow across all years, suggesting a lack of operational activity.