How has been the historical performance of the Gala Global?

Answer:The historical performance of Gala Global has shown a significant decline in net sales and profitability over the years, culminating in a loss in the most recent fiscal year.

Breakdown:
Gala Global's net sales have decreased from Rs 104.82 crore in March 2021 to Rs 41.78 crore in March 2025, reflecting a downward trend in total operating income as well, which fell from Rs 104.82 crore to Rs 41.78 crore over the same period. The raw material costs have also decreased, but not at the same rate as sales, leading to an operating profit (PBDIT) that turned negative, reaching -Rs 1.41 crore in March 2025 from a positive Rs 4.87 crore in March 2021. This decline in profitability is further highlighted by the profit before tax, which dropped from Rs 3.28 crore in March 2021 to -Rs 4.46 crore in March 2025, and the profit after tax, which fell from Rs 2.32 crore to -Rs 4.49 crore in the same timeframe. The company's earnings per share (EPS) also reflect this downturn, moving from Rs 0.43 in March 2021 to -Rs 0.82 in March 2025. On the balance sheet, total liabilities increased from Rs 55.21 crore in March 2019 to Rs 108.64 crore in March 2024, while total assets also rose to Rs 108.64 crore in March 2024, indicating a growing debt burden. The cash flow from operating activities has been negative since March 2022, with a notable outflow of Rs 1 crore in March 2024, further emphasizing the financial challenges faced by the company.