Revenue and Profitability Trends
Art Nirman Ltd’s net sales have demonstrated considerable volatility, peaking notably in the fiscal year ending March 2021 before declining sharply in subsequent years. The company recorded its highest net sales at over ₹85 crores in 2021, followed by a steep drop to approximately ₹27 crores by March 2025. This erratic revenue pattern reflects underlying operational challenges and market conditions impacting the company’s core business.
Operating profit margins have mirrored this instability. After a robust margin exceeding 50% in 2019, margins contracted significantly, even turning negative in 2022, indicating a period of operational losses. However, there has been a recovery in recent years, with operating margins improving to nearly ...
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