How has been the historical performance of Greaves Cotton?

Answer:The historical performance of Greaves Cotton shows a fluctuating trend in its financial metrics over the years, with notable changes in net sales, operating profit, and net profit.

Breakdown:
Greaves Cotton's net sales have shown a steady increase from INR 1,500.40 crore in March 2021 to INR 2,918.44 crore in March 2025, peaking at INR 2,699.45 crore in March 2023. However, the company's total expenditure has also risen, reaching INR 2,782.71 crore in March 2025, which has impacted its operating profit. The operating profit (PBDIT) excluding other income fluctuated, with a peak of INR 230.29 crore in March 2020, but fell to INR 135.73 crore in March 2025. The profit before tax saw a significant drop in March 2024 to -INR 272.20 crore, but rebounded to INR 72.50 crore in March 2025. Despite this, the net profit has been inconsistent, with a loss of -INR 6.28 crore in March 2025 following a loss of -INR 366.37 crore in March 2024, contrasting with a profit of INR 76.59 crore in March 2023. The earnings per share (EPS) reflect this volatility, with a decline to 2.51 in March 2025 from -5.83 in March 2024. Overall, while Greaves Cotton has seen growth in sales, profitability remains a challenge, with significant fluctuations in net profit and operating margins over the years.