How has been the historical performance of Ashok Leyland?

Answer:The historical performance of Ashok Leyland shows a significant upward trend in net sales and profitability over the past few years, culminating in the fiscal year ending March 2025.

Breakdown:
Ashok Leyland's net sales have increased from 19,454.10 Cr in March 2021 to 48,535.14 Cr in March 2025, reflecting a strong growth trajectory. Total operating income has followed a similar pattern, rising from 26,237.15 Cr in March 2022 to 48,535.14 Cr in March 2025. Despite fluctuations in raw material costs, which peaked at 28,272.18 Cr in March 2023, the company managed to maintain a healthy operating profit margin, which improved from 10.59% in March 2022 to 19.05% in March 2025. Profit before tax also saw a remarkable recovery, moving from a loss of 207.11 Cr in March 2022 to a profit of 4,564.75 Cr in March 2025. Consequently, profit after tax surged from a loss of 292.97 Cr in March 2022 to 3,351.21 Cr in March 2025. The company's total assets grew from 38,119.15 Cr in March 2020 to 81,546.31 Cr in March 2025, while total liabilities increased from 38,119.15 Cr to 81,546.31 Cr in the same period, indicating a balanced growth in both assets and liabilities. Cash flow from operating activities improved significantly, turning positive at 128.00 Cr in March 2025 after a series of negative cash flows in previous years. Overall, Ashok Leyland's financial performance demonstrates a robust recovery and growth in both revenue and profitability metrics over the analyzed period.