How has been the historical performance of IFCI?

Answer:The historical performance of IFCI shows a fluctuating trend in its financial metrics over the years, with notable improvements in recent periods.

Breakdown:
IFCI's net sales have seen a decline from INR 2,873.90 crore in March 2020 to INR 1,876.10 crore in March 2025, with a slight recovery from INR 1,694.64 crore in March 2023. Total operating income followed a similar pattern, peaking at INR 2,873.90 crore in March 2020 and dropping to INR 1,876.10 crore by March 2025. The company managed to reduce its total expenditure significantly from INR 2,961.35 crore in March 2021 to INR 693.80 crore in March 2025, contributing to an operating profit of INR 1,370.36 crore in March 2025, a substantial recovery from the losses reported in previous years. Profit before tax also improved to INR 749.03 crore in March 2025, while profit after tax reached INR 348.61 crore, marking a significant turnaround from losses in prior years. The company's total assets increased to INR 25,723.77 crore in March 2025, up from INR 18,917.57 crore in March 2024, indicating growth in its financial position. However, total debt decreased from INR 12,566.34 crore in March 2020 to INR 3,713.54 crore in March 2025, reflecting a reduction in financial leverage. Cash flow from operating activities showed a negative trend with a cash outflow of INR 983.00 crore in March 2025, contrasting with positive cash flow in earlier years. Overall, while IFCI has shown improvements in profitability and asset growth, challenges remain in cash flow management.