How has been the historical performance of Trescon?
Trescon's historical performance shows a significant increase in net sales to 9.35 Cr in March 2025 from 0.00 Cr in March 2024, but it faced substantial operational losses with a negative operating profit of -2.23 Cr and a profit after tax of -2.73 Cr, alongside liquidity challenges. Total liabilities and assets increased, indicating stability despite the losses.
Answer:The historical performance of Trescon shows significant changes between the fiscal years ending March 2024 and March 2025.Breakdown:
In the fiscal year ending March 2025, Trescon reported net sales of 9.35 Cr, a notable increase from 0.00 Cr in March 2024. However, the total operating income remained at 9.35 Cr, with no other operating income recorded. The total expenditure surged to 15.01 Cr from 1.97 Cr, driven by increased purchases of finished goods and employee costs. Consequently, the operating profit (PBDIT) turned negative at -2.23 Cr, down from a positive 2.65 Cr in the previous year. The profit before tax also declined to -2.89 Cr from 2.53 Cr, leading to a profit after tax of -2.73 Cr compared to 1.42 Cr in March 2024. The earnings per share reflected this downturn, dropping to -0.37 from 0.20. On the balance sheet, total liabilities increased to 111.74 Cr from 108.76 Cr, while total assets rose to the same figure, indicating a stable asset base despite the losses. Cash flow from operating activities improved to 15.00 Cr from -1.00 Cr, but cash and cash equivalents remained at 0.00 Cr, reflecting liquidity challenges. Overall, Trescon's performance in March 2025 indicates a shift towards higher sales but significant operational losses and liquidity issues.
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