How has been the historical performance of Igarashi Motors?

Answer:The historical performance of Igarashi Motors shows a trend of increasing net sales and operating profit over the years, with significant fluctuations in profit margins and cash flow.

Breakdown:
Igarashi Motors has demonstrated a consistent growth in net sales, rising from 532.86 Cr in Mar'21 to 838.42 Cr in Mar'25. This growth is accompanied by an increase in total operating income, which also reached 838.42 Cr in Mar'25. The raw material costs have increased significantly, from 319.85 Cr in Mar'21 to 544.79 Cr in Mar'25, impacting the operating profit, which has shown a recovery to 97.44 Cr in Mar'25 after a dip in previous years. The profit before tax has improved to 32.51 Cr in Mar'25, up from just 2.31 Cr in Mar'22, while profit after tax has also increased to 24.17 Cr in Mar'25 from 1.19 Cr in Mar'22. However, the profit margins have fluctuated, with the PAT margin at 2.88% in Mar'25 compared to 4.81% in Mar'21. On the balance sheet, total liabilities have increased to 775.01 Cr in Mar'25, while total assets have also risen to the same figure, indicating a stable financial position. Cash flow from operating activities has improved to 93.00 Cr in Mar'25, reflecting better operational efficiency, although cash flow from investing activities remains negative at -90.00 Cr. Overall, while Igarashi Motors has shown growth in sales and profits, it faces challenges with rising costs and fluctuating profit margins.