How has been the historical performance of IFGL Refractori.?

Answer:The historical performance of IFGL Refractori shows a mixed trend in financial metrics over the years leading up to March 2025.

Breakdown:
IFGL Refractori's net sales have shown a steady increase from INR 917.35 crore in March 2020 to INR 1,653.03 crore in March 2025, reflecting a positive growth trajectory. Total operating income has similarly risen, reaching INR 1,653.03 crore in March 2025, up from INR 917.35 crore in March 2020. However, total expenditure has also increased, amounting to INR 1,524.41 crore in March 2025, which is significantly higher than the INR 825.78 crore recorded in March 2020. This has led to a decline in operating profit, which decreased from INR 175.86 crore in March 2021 to INR 128.62 crore in March 2025. Profit before tax has also seen a downward trend, falling from INR 124.22 crore in March 2021 to INR 59.54 crore in March 2025. Consequently, profit after tax has decreased from INR 65.59 crore in March 2021 to INR 42.98 crore in March 2025. The company's total assets have grown from INR 1,023.56 crore in March 2020 to INR 1,618.50 crore in March 2025, while total liabilities have increased from INR 1,023.56 crore to INR 1,618.50 crore during the same period. Cash flow from operating activities has fluctuated, with a notable decrease to INR 28 crore in March 2025 from INR 152 crore in March 2024. Overall, while IFGL Refractori has experienced growth in sales and assets, profitability has faced challenges in recent years.