How has been the historical performance of VL E-Governance?

Answer:The historical performance of VL E-Governance shows significant fluctuations in its financial metrics over the past three years.

Breakdown:
In the fiscal year ending March 2025, VL E-Governance reported net sales of 30.69 crore, a notable decrease from 729.53 crore in March 2023, while the total operating income also fell to 30.69 crore from 729.53 crore in the previous year. The total expenditure, excluding depreciation, increased slightly to 30.95 crore from 30.08 crore in March 2024. Operating profit (PBDIT) for March 2025 was 1.44 crore, recovering from a loss of 7.63 crore in March 2024, but still down from a profit of 8.13 crore in March 2023. However, the company faced exceptional items that led to a gross profit (PBDT) of -2,516.97 crore in March 2025, resulting in a profit before tax of -2,517.01 crore and a profit after tax of -2,517.03 crore. This marked a significant decline from a profit after tax of 5.89 crore in March 2023. The earnings per share (EPS) also reflected this downturn, dropping to -232.09 in March 2025 from 0.56 in March 2023. The operating profit margin (excluding other income) was -0.85% in March 2025, compared to -36.67% in March 2024 and a positive margin of 0.73% in March 2023. Overall, the financial performance of VL E-Governance indicates a challenging trend, particularly in the last fiscal year, with substantial losses and declining revenues.