How has been the historical performance of Forge Auto?

Answer:The historical performance of Forge Auto shows a positive trend in key financial metrics over the past three years.

Breakdown:
Forge Auto's net sales increased from 176.65 Cr in Mar'23 to 209.89 Cr in Mar'25, indicating a growth trajectory. Total operating income followed a similar pattern, rising from 176.65 Cr to 209.89 Cr during the same period. However, raw material costs also increased significantly, from 112.91 Cr in Mar'23 to 134.47 Cr in Mar'25. Despite this, the operating profit (PBDIT) improved from 12.39 Cr in Mar'23 to 20.53 Cr in Mar'25, reflecting an enhanced operating profit margin that rose from 6.45% to 8.46%. Profit before tax also saw a notable increase, climbing from 6.93 Cr in Mar'23 to 13.20 Cr in Mar'25, while profit after tax rose from 4.96 Cr to 9.53 Cr, resulting in a PAT margin improvement from 2.81% to 4.54%. On the balance sheet, total liabilities increased from 94.94 Cr in Mar'24 to 134.99 Cr in Mar'25, driven by higher shareholder's funds which grew from 20.58 Cr to 58.23 Cr. The company's cash flow from operating activities turned negative in Mar'25 at -7.00 Cr, contrasting with a positive cash flow of 7.00 Cr in Mar'24, although net cash inflow for Mar'25 was 1.00 Cr, up from 0.00 Cr in the previous year. Overall, Forge Auto has demonstrated growth in sales and profitability, despite challenges in cash flow management.