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 6.47 Cr in March 2024 to 74.02 Cr in March 2025, following a period of no sales in the previous years. The total operating income also rose sharply to 74.02 Cr in March 2025 from 6.47 Cr in March 2024. However, the company faced high raw material costs of 25.66 Cr in March 2025, which were significantly lower in previous years. Operating profit (PBDIT) improved to 48.98 Cr in March 2025 from a mere 1.00 Cr in March 2024, indicating a recovery in profitability. The profit before tax also increased to 47.57 Cr in March 2025, up from 0.26 Cr in March 2024, while the profit after tax reached 46.48 Cr, a substantial rise from 5.57 Cr in the prior year. The company's total assets grew to 222.15 Cr in March 2024 from 200.95 Cr in March 2023, although total liabilities remained stable at 222.15 Cr in March 2024. Cash flow from operating activities was positive at 3.00 Cr in March 2024, contrasting with a negative cash flow of -4.00 Cr in March 2023. Overall, Dolphin Offshore's financial performance indicates a recovery phase with improved sales and profitability metrics in the latest fiscal year.