How has been the historical performance of VK Global?

Answer:The historical performance of VK Global shows a significant decline in net sales and profitability over the years, culminating in a net sales figure of only 0.03 Cr for March 2024, down from 0.13 Cr in March 2023 and 0.77 Cr in March 2022. The company experienced a peak in net sales of 26.28 Cr in March 2020 and 43.72 Cr in March 2019. Total operating income has followed a similar downward trend, with a total of 0.03 Cr in March 2024 compared to 26.31 Cr in March 2020. The total expenditure, excluding depreciation, has also decreased significantly, from 27.09 Cr in March 2020 to 0.39 Cr in March 2024. Operating profit has remained negative since March 2020, with a loss of -0.36 Cr reported in March 2024. The profit before tax and profit after tax figures reflect this trend, with losses of -0.36 Cr and -0.36 Cr respectively in March 2024. The earnings per share have also deteriorated, showing -0.85 in March 2024 compared to 6.22 in March 2019. The operating profit margin and PAT margin have turned sharply negative, indicating severe operational challenges.

Breakdown:
VK Global's financial trajectory reveals a stark decline in performance metrics over the years. Starting with net sales, the company reported a drastic drop from 26.28 Cr in March 2020 to just 0.03 Cr in March 2024. This decline is mirrored in total operating income, which fell from 26.31 Cr in March 2020 to the same low figure of 0.03 Cr in March 2024. Expenditures have also decreased, but not sufficiently to offset the losses, leading to an operating profit of -0.36 Cr in March 2024. The company has faced continuous losses, with profit before tax and profit after tax both at -0.36 Cr for the same period. The earnings per share have plummeted to -0.85, a stark contrast to the positive EPS of 6.22 in March 2019. Overall, VK Global's financial health has deteriorated significantly, indicating substantial operational and financial challenges.