How has been the historical performance of Dolphin Offshore?

Answer:The historical performance of Dolphin Offshore shows significant fluctuations in key financial metrics over the years.

Breakdown:
Dolphin Offshore's net sales have seen a notable increase from Mar'24 at 6.47 Cr to Mar'25 at 74.02 Cr, marking a recovery from previous years where sales were non-existent. The total operating income followed a similar trend, rising from 6.47 Cr in Mar'24 to 74.02 Cr in Mar'25. The company's total expenditure, excluding depreciation, also increased from 9.97 Cr in Mar'24 to 28.14 Cr in Mar'25, reflecting the rising costs associated with operations. Operating profit, which was negative in Mar'24 at -3.50 Cr, turned positive in Mar'25 at 45.88 Cr, indicating improved operational efficiency. The profit before tax rose significantly from 0.26 Cr in Mar'24 to 47.57 Cr in Mar'25, leading to a profit after tax of 46.48 Cr in Mar'25, a substantial increase from 5.57 Cr in the previous year. The company's total assets increased to 222.15 Cr in Mar'24 from 200.95 Cr in Mar'23, while total liabilities decreased to 222.15 Cr in Mar'24 from 200.95 Cr in Mar'23, indicating a strengthening balance sheet. Cash flow from operating activities improved to 3.00 Cr in Mar'24 from -4.00 Cr in Mar'23, demonstrating a positive shift in cash generation. Overall, Dolphin Offshore's financial performance reflects a recovery trajectory with improved sales, profitability, and cash flow in the latest fiscal year.