How has been the historical performance of the HOV Services?

Answer:The historical performance of HOV Services shows a significant upward trend in net sales and profits over the years.

Breakdown:
HOV Services has demonstrated consistent growth in net sales, increasing from Rs 10.54 crore in March 2019 to Rs 22.47 crore in March 2025. The total operating income followed a similar trajectory, reaching Rs 22.47 crore in March 2025, up from Rs 10.54 crore in March 2019. Employee costs have also risen, reflecting the company's expansion, with expenses climbing from Rs 7.32 crore in March 2019 to Rs 17.14 crore in March 2025. Operating profit, excluding other income, has shown a steady increase, reaching Rs 3.69 crore in March 2025, compared to Rs 0.26 crore in March 2019. The profit before tax peaked at Rs 4.80 crore in March 2025, while the profit after tax was Rs 4.22 crore for the same period, indicating a robust profitability trend. The earnings per share have improved significantly, from Rs 0.14 in March 2019 to Rs 3.35 in March 2025. However, the company's total liabilities have decreased from Rs 607.81 crore in March 2019 to Rs 35.41 crore in March 2024, reflecting a significant reduction in debt and improving financial health. Overall, HOV Services has shown a positive trajectory in revenue and profitability, alongside a substantial reduction in liabilities over the years.