How has been the historical performance of the Himalaya Food?

Answer:The historical performance of Himalaya Food shows significant fluctuations in key financial metrics over the past three years.

Breakdown:
In the fiscal year ending March 2024, Himalaya Food reported net sales of Rs 47.19 crore, a decline from Rs 68.37 crore in March 2023 and Rs 62.59 crore in March 2022. The total operating income mirrored this trend, remaining at Rs 47.19 crore in March 2024, down from Rs 68.37 crore the previous year. The company experienced a notable reduction in total expenditure, which fell to Rs 35.99 crore in March 2024 from Rs 115.08 crore in March 2023. This led to an operating profit (PBDIT) of Rs 11.26 crore in March 2024, a recovery from a loss of Rs 17.57 crore in March 2023, although it was lower than the Rs 18.47 crore profit recorded in March 2022. Profit before tax also improved to Rs 4.24 crore in March 2024 from a loss of Rs 24.71 crore in the prior year, while profit after tax turned positive at Rs 4.90 crore, compared to a loss of Rs 24.20 crore in March 2023. The company's total assets decreased to Rs 208.06 crore in March 2024 from Rs 223.04 crore in March 2023, and total liabilities also declined to Rs 208.06 crore from Rs 223.04 crore. Cash flow from operating activities was negative at Rs -2.00 crore in March 2024, reflecting challenges in cash generation despite the recovery in profitability. Overall, the financial performance of Himalaya Food indicates a volatile trajectory with significant recovery in profitability in the latest fiscal year, albeit with ongoing challenges in revenue generation and cash flow management.