How has been the historical performance of the Balaji Telefilms?

Answer:The historical performance of Balaji Telefilms shows a significant recovery in the fiscal year ending March 2024, with net sales reaching Rs 625.13 crore, up from Rs 592.96 crore in March 2023 and a notable increase from Rs 336.85 crore in March 2022. The total operating income also reflects this upward trend, rising to Rs 625.13 crore in March 2024. Operating profit, excluding other income, improved to Rs 45.98 crore, a recovery from a loss of Rs 19.11 crore in the previous year. The company reported a profit before tax of Rs 33.28 crore, compared to a loss of Rs 24.19 crore in March 2023, leading to a profit after tax of Rs 19.38 crore, a significant turnaround from a loss of Rs 37.99 crore the prior year. The earnings per share (EPS) also turned positive at Rs 1.95, compared to a negative Rs 3.67 in March 2023.

Breakdown:
Balaji Telefilms experienced a remarkable turnaround in its financial performance over the past year. The net sales increased from Rs 592.96 crore in March 2023 to Rs 625.13 crore in March 2024, marking a recovery from previous lows. The total operating income mirrored this growth, while the operating profit turned positive at Rs 45.98 crore, a significant improvement from the losses recorded in prior years. The profit before tax also showed a positive shift, reaching Rs 33.28 crore, leading to a profit after tax of Rs 19.38 crore, contrasting sharply with the losses of the previous years. This positive trend is further reflected in the earnings per share, which rose to Rs 1.95, indicating a strong recovery in profitability for the company.