How has been the historical performance of Garware Marine?

Answer:The historical performance of Garware Marine shows fluctuations in net sales and profitability over the years, with a notable recovery in the latest fiscal year.

Breakdown:
Garware Marine's net sales have varied over the years, peaking at 1.58 Cr in March 2022, then declining to 1.20 Cr in March 2025 after a slight increase to 1.22 Cr in March 2023. The total operating income followed a similar trend, reaching a high of 1.58 Cr in March 2022 before dropping to 1.20 Cr in March 2025. The company's total expenditure, excluding depreciation, decreased from 1.57 Cr in March 2022 to 0.77 Cr in March 2025, contributing to an operating profit of 0.43 Cr in March 2025, a significant improvement from a loss of 0.12 Cr in March 2024. Profit before tax also showed recovery, rising to 0.43 Cr in March 2025 from a loss of 0.07 Cr in March 2024. Profit after tax mirrored this trend, increasing to 0.43 Cr in March 2025 compared to a loss of 0.07 Cr in the previous year. The company's total assets grew from 11.49 Cr in March 2024 to 19.17 Cr in March 2025, while total liabilities also increased from 11.49 Cr to 19.17 Cr in the same period. The book value per share rose significantly from 19.16 in March 2024 to 31.14 in March 2025, indicating a strengthening financial position. Overall, Garware Marine's recent performance reflects a recovery in profitability and asset growth after a challenging period.