How has been the historical performance of the Haria Apparels?

Answer:The historical performance of Haria Apparels shows a significant decline in net sales over the years, with figures dropping from Rs 17.79 crore in March 2019 to Rs 0.00 crore in March 2025. The total operating income followed a similar trend, peaking at Rs 1.01 crore in March 2022 before falling to Rs 0.00 crore by March 2025. The company has consistently reported negative operating profits, with the operating profit margin excluding other income remaining at 0.0% from March 2023 to March 2025. Despite these challenges, Haria Apparels managed to report a profit before tax of Rs 0.84 crore in March 2025, a recovery from the losses seen in previous years. The net profit also showed improvement, reaching Rs 0.84 crore in March 2025, compared to a loss of Rs 2.56 crore in March 2021.

Breakdown:
Haria Apparels' financial performance has been characterized by a drastic decline in net sales, which fell from Rs 17.79 crore in March 2019 to Rs 0.00 crore by March 2025. The total operating income mirrored this decline, with a peak of Rs 1.01 crore in March 2022, followed by a complete drop to Rs 0.00 crore in the subsequent years. Operating profits have been negative for several years, with the operating profit margin consistently at 0.0% since March 2023. However, the company reported a profit before tax of Rs 0.84 crore in March 2025, indicating a turnaround from previous losses, and net profit also improved to Rs 0.84 crore in the same period, recovering from a significant loss of Rs 2.56 crore in March 2021. The company's total liabilities have decreased from Rs 17.04 crore in March 2019 to Rs 11.69 crore in March 2024, while total assets have also seen a decline, reflecting the overall challenges faced by the business.