How has been the historical performance of Bluestone Jewel?

Answer:The historical performance of Bluestone Jewel shows a significant increase in net sales from Mar'23 to Mar'24, rising from 770.73 Cr to 1,265.84 Cr. Total operating income mirrored this growth, reaching 1,265.84 Cr in Mar'24 compared to 770.73 Cr the previous year. However, the raw material costs also increased substantially, from 717.60 Cr to 1,234.67 Cr, which contributed to a total expenditure of 1,212.79 Cr in Mar'24, up from 826.76 Cr in Mar'23. Despite the rise in sales, the company reported an operating profit (PBDIT) of 90.70 Cr in Mar'24, a recovery from a loss of 38.86 Cr in Mar'23. Nevertheless, the company still faced a profit before tax of -142.24 Cr in Mar'24, an improvement from -167.24 Cr in the prior year. The earnings per share also improved, moving from -18.12 to -5.1. The operating profit margin turned positive at 4.19% in Mar'24, compared to -7.27% in Mar'23, while the profit after tax margin improved to -11.24% from -21.7%.

In terms of the balance sheet, as of Mar'25, Bluestone Jewel reported total liabilities of 3,532.28 Cr, with total assets matching this figure. The company's shareholder's funds stood at 906.77 Cr, bolstered by total reserves of 787.37 Cr. The cash flow analysis for Mar'25 indicated a cash flow from operating activities of -665.00 Cr, with a net cash outflow of 10.00 Cr, resulting in a closing cash and cash equivalent of 48.00 Cr. Overall, while Bluestone Jewel has shown improvements in sales and operating profit, it continues to face challenges with profitability and cash flow management.