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

Answer:The historical performance of VL E-Governance shows significant fluctuations over the past three years, particularly in revenue and profitability.

Breakdown:
In the fiscal year ending March 2025, VL E-Governance reported net sales of 30.69 Cr, a notable decrease from 729.53 Cr in March 2023, indicating a drastic decline in revenue. The total operating income followed a similar trend, dropping from 729.53 Cr in March 2023 to 30.69 Cr in March 2025. The company faced substantial losses, with a profit before tax of -2,517.01 Cr in March 2025 compared to a profit of 8.13 Cr in March 2023. This led to a profit after tax of -2,517.03 Cr in March 2025, a stark contrast to the profit of 5.89 Cr reported in March 2023. The earnings per share also reflected this downturn, falling to -232.09 in March 2025 from 0.56 in March 2023. On the balance sheet, total liabilities decreased from 2,698.92 Cr in March 2023 to 2,517.14 Cr in March 2024, while total assets also declined from 2,698.92 Cr to 2,517.14 Cr in the same period. The cash flow from operating activities showed a slight positive cash flow of 2.00 Cr in March 2024, recovering from a negative cash flow of -56.00 Cr in March 2023. Overall, the financial metrics indicate a challenging period for VL E-Governance, characterized by significant revenue loss and increasing operational challenges.