Revenue and Profitability Trends
Panabyte Tech's net sales demonstrated considerable variation from fiscal year 2017 through 2021. The company recorded its highest total operating income in the year ending March 2018, reaching over ₹40 crores. However, this peak was followed by a sharp decline, with sales dropping to approximately ₹15 crores in 2020 and further down to under ₹10 crores in 2021. This downward trend indicates a contraction in the company's core business activities.
Operating profit margins have mirrored this volatility. In 2018, the company achieved a positive operating profit margin of around 1.4%, but this was not sustained in subsequent years. The margin turned negative in 2019 and remained below zero through 2021, with the latest fiscal year showing ...
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