How has been the historical performance of Ganga Forging?

Answer:The historical performance of Ganga Forging shows a fluctuating trend in its financial metrics over the years, with notable changes in sales, profits, and expenses.

Breakdown:
Ganga Forging's net sales have steadily increased from INR 22.98 crore in March 2021 to INR 43.22 crore in March 2025. The total operating income followed a similar trend, rising from INR 27.88 crore in March 2019 to INR 43.22 crore in March 2025. However, the raw material costs also increased significantly, from INR 14.70 crore in March 2021 to INR 33.02 crore in March 2025. Operating profit, excluding other income, saw fluctuations, peaking at INR 2.54 crore in March 2022 but dropping to INR 2.25 crore in March 2025. Profit before tax showed a slight increase from INR 0.75 crore in March 2024 to INR 0.87 crore in March 2025, while profit after tax rose from INR 0.44 crore in March 2024 to INR 0.61 crore in March 2025. The company's total liabilities increased from INR 34.73 crore in March 2023 to INR 58.68 crore in March 2025, indicating a rise in debt levels. Total assets also grew from INR 34.73 crore in March 2023 to INR 58.68 crore in March 2025. Cash flow from operating activities remained negative, with a cash outflow of INR 4.00 crore in March 2025, reflecting challenges in generating cash from core operations. Overall, Ganga Forging has shown growth in sales and assets, but it faces rising costs and negative cash flow from operations.