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' net sales increased from Rs 93.07 crore in March 2023 to Rs 138.50 crore in March 2025, following a peak of Rs 194.08 crore in March 2022. The total operating income mirrored this trend, rising to Rs 138.50 crore in March 2025 from Rs 93.07 crore in March 2023. However, the operating profit (PBDIT) saw a decline from Rs 103.24 crore in March 2022 to Rs 20.17 crore in March 2025, indicating a significant drop in profitability despite rising sales. The profit before tax turned positive at Rs 11.12 crore in March 2025, recovering from a loss of Rs 13.23 crore in March 2023. Consequently, the profit after tax also improved to Rs 7.93 crore in March 2025, a stark contrast to the losses reported in the previous years. The company's total liabilities decreased to Rs 156.72 crore in March 2024 from Rs 185.61 crore in March 2022, while total assets also declined to Rs 156.72 crore in March 2024. Cash flow from operating activities remained low at Rs 1.00 crore in March 2024, down from Rs 79.00 crore in March 2022, reflecting challenges in cash generation despite improved profitability. Overall, while Lyka Labs has shown signs of recovery in sales and profitability, the fluctuations in operating profit and cash flow indicate ongoing operational challenges.