How has been the historical performance of IFCI?

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

Breakdown:
IFCI's net sales have seen a decline from 2,873.90 Cr in Mar'20 to 1,876.10 Cr in Mar'25, with a peak in Mar'21 at 2,066.36 Cr. Total operating income followed a similar trend, decreasing from 2,873.90 Cr in Mar'20 to 1,876.10 Cr in Mar'25. The company has managed to reduce its total expenditure significantly from 2,961.35 Cr in Mar'21 to 693.80 Cr in Mar'25, contributing to an operating profit (PBDIT) of 1,370.36 Cr in Mar'25, a recovery from previous losses. Profit before tax has also improved, reaching 749.03 Cr in Mar'25, while profit after tax turned positive at 348.61 Cr, a significant recovery from losses in prior years. The company's total assets increased to 25,723.77 Cr in Mar'25 from 18,917.57 Cr in Mar'24, indicating growth in its financial position. However, total debt has decreased from 12,566.34 Cr in Mar'20 to 3,713.54 Cr in Mar'25, reflecting a reduction in financial leverage. Cash flow from operating activities has been negative at -983.00 Cr in Mar'25, although cash and cash equivalents improved to 659.00 Cr by the end of the period. Overall, IFCI has shown a recovery in profitability and a strengthening of its balance sheet, despite challenges in sales and cash flow.