How has been the historical performance of the Lyka Labs?

Answer:The historical performance of Lyka Labs shows a fluctuating trend in key financial metrics over the years.

Breakdown:
Lyka Labs has experienced significant variations in its net sales, with a notable increase from Rs 93.07 crore in March 2023 to Rs 138.50 crore in March 2025, following a dip to Rs 111.19 crore in March 2024. The total operating income mirrored this trend, peaking at Rs 194.08 crore in March 2022 before declining in subsequent years. The company's total expenditure, excluding depreciation, rose from Rs 76.23 crore in March 2023 to Rs 120.56 crore in March 2025, reflecting increased raw material and employee costs. Operating profit (PBDIT) showed a recovery to Rs 20.17 crore in March 2025 from a loss of Rs 0.57 crore in March 2020, although it was significantly lower than the Rs 103.24 crore recorded in March 2022. Profit before tax turned positive at Rs 11.12 crore in March 2025, rebounding from a loss of Rs 13.23 crore in March 2023. Consequently, profit after tax also improved to Rs 7.93 crore in March 2025, compared to losses in the previous two years. The company's total liabilities decreased from Rs 185.61 crore in March 2022 to Rs 156.72 crore in March 2024, while total assets showed a similar decline. Cash flow from operating activities remained low, with Rs 1.00 crore in March 2024, indicating challenges in generating cash from core operations. Overall, while Lyka Labs has shown signs of recovery in recent years, its financial performance remains volatile with significant fluctuations in profitability and operational efficiency.