How has been the historical performance of the Oswal Overseas?

Answer:The historical performance of Oswal Overseas has shown significant fluctuations over the years, particularly in net sales and profitability.

Breakdown:
Oswal Overseas reported net sales of Rs 67.63 crore for the year ending March 2025, a sharp decline from Rs 152.08 crore in March 2024 and Rs 210.16 crore in March 2023. This downward trend in total operating income mirrors the sales figures, dropping from Rs 210.16 crore in March 2023 to Rs 67.63 crore in March 2025. The company's total expenditure, excluding depreciation, also decreased to Rs 75.48 crore in March 2025 from Rs 154.58 crore in March 2024. However, despite this reduction in expenses, the operating profit (PBDIT) turned negative at Rs -7.38 crore in March 2025, compared to a loss of Rs -1.21 crore in March 2024. The profit before tax further declined to Rs -12.39 crore in March 2025, indicating a worsening financial position, as the company had reported a profit of Rs 0.41 crore in March 2022. The net profit also reflected this trend, resulting in a loss of Rs -12.38 crore in March 2025, down from a profit of Rs 0.75 crore in March 2023. On the balance sheet, total liabilities decreased to Rs 122.92 crore in March 2024 from Rs 158.57 crore in March 2023, while total assets also fell to Rs 122.92 crore in March 2024. Cash flow from operating activities was Rs 4.00 crore in March 2024, down from Rs 15.00 crore in March 2023, indicating challenges in generating cash from core operations. Overall, the financial performance of Oswal Overseas has deteriorated significantly over the past few years, marked by declining sales, increasing losses, and reduced cash flow.