How has been the historical performance of ICRA?

Answer:The historical performance of ICRA shows a consistent growth trend in net sales and profitability over the years, culminating in the fiscal year ending March 2025.

Breakdown:
ICRA's net sales have steadily increased from 301.06 Cr in March 2021 to 498.02 Cr in March 2025, reflecting a strong upward trajectory. Total operating income followed a similar pattern, rising from 321.09 Cr in March 2020 to 498.02 Cr in March 2025. The company's total expenditure, excluding depreciation, also grew, reaching 320.27 Cr in March 2025, up from 219.93 Cr in March 2021. Operating profit, excluding other income, improved significantly from 81.13 Cr in March 2021 to 177.75 Cr in March 2025, indicating enhanced operational efficiency. Profit before tax increased from 112.01 Cr in March 2021 to 233.97 Cr in March 2025, while profit after tax rose from 82.68 Cr to 171.20 Cr over the same period. The earnings per share (EPS) also saw a notable increase, from 84.62 in March 2021 to 176.18 in March 2025. On the balance sheet, total assets grew from 839.11 Cr in March 2020 to 1,291.80 Cr in March 2025, with total liabilities increasing correspondingly from 839.11 Cr to 1,291.80 Cr. Cash flow from operating activities improved significantly, reaching 144.00 Cr in March 2025, compared to just 21.00 Cr in March 2020, showcasing the company's strengthening cash position. Overall, ICRA's financial performance reflects robust growth and improved profitability metrics over the analyzed period.