How has been the historical performance of the Paradeep Pari.?
Paradeep Pari's historical performance shows improved profitability, with a profit before tax rising to Rs 20 crore in March 2024 from Rs 3 crore in March 2022, despite mixed cash flow trends and a decline in cash from financing activities. Overall, cash flow after working capital changes improved to Rs 19 crore in March 2024, though cash and cash equivalents stabilized at Rs 3 crore.
Answer:The historical performance of Paradeep Pari shows a mixed trend in cash flow and profitability over the past three years.Breakdown:
In the fiscal year ending March 2024, Paradeep Pari reported a profit before tax of Rs 20.00 crore, a significant increase from Rs 9.00 crore in March 2023 and Rs 3.00 crore in March 2022. However, adjustments decreased from Rs 21.00 crore in March 2022 to Rs 16.00 crore in March 2024. Changes in working capital improved, with a negative Rs 18.00 crore in March 2024 compared to negative Rs 35.00 crore in March 2022, leading to a cash flow after changes in working capital of Rs 19.00 crore in March 2024, down from Rs 26.00 crore in March 2023 but an improvement from negative Rs 10.00 crore in March 2022. Cash flow from operating activities was Rs 15.00 crore in March 2024, slightly lower than Rs 17.00 crore in March 2023, while cash flow from investing activities worsened to negative Rs 12.00 crore in March 2024 from negative Rs 2.00 crore in March 2023. Cash flow from financing activities showed a notable change, moving from a positive inflow of Rs 41.00 crore in March 2022 to a negative Rs 2.00 crore in March 2024. The net cash inflow/outflow remained neutral at Rs 0.00 crore in March 2024, while the closing cash and cash equivalents stabilized at Rs 3.00 crore, consistent with the previous year but a decline from Rs 28.00 crore in March 2022.
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