How has been the historical performance of Garware Marine?

Oct 13 2025 10:38 PM IST
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Garware Marine's historical performance has shown fluctuations, with net sales peaking at 1.58 Cr in March 2022 and recovering to an operating profit of 0.43 Cr in March 2025 after a loss in the previous year. The company's financial position strengthened significantly, with reserves increasing from 5.28 Cr to 12.19 Cr and EPS improving from a loss of 0.12 to 0.75.
Answer:
The historical performance of Garware Marine shows fluctuations in net sales and profitability over the years, with a notable recovery in the most recent fiscal year. Breakdown: Garware Marine's net sales have varied over the years, peaking at 1.58 Cr in March 2022 and dropping to 1.20 Cr in March 2025. The total operating income followed a similar trend, with a high of 1.58 Cr in March 2022 and a decrease to 1.20 Cr in March 2025. The company experienced a significant operating profit in March 2025, reporting 0.43 Cr, a recovery from a loss of 0.12 Cr in March 2024. Profit before tax also improved to 0.43 Cr in March 2025, compared to a loss of 0.07 Cr the previous year. Profit after tax mirrored this trend, rising to 0.43 Cr in March 2025 from a loss of 0.07 Cr in March 2024. The company's reserves increased significantly from 5.28 Cr in March 2024 to 12.19 Cr in March 2025, indicating a strengthening financial position. Total assets rose to 19.17 Cr in March 2025, up from 11.49 Cr in March 2024, while total liabilities also increased to 19.17 Cr from 11.49 Cr in the same period. The earnings per share (EPS) improved to 0.75 in March 2025 from a loss of 0.12 in March 2024, reflecting a positive turnaround in the company's financial health.
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