How has been the historical performance of IGC Industries?

Answer:The historical performance of IGC Industries shows significant fluctuations over the years, particularly in net sales and profitability. In March 2025, the company reported net sales of 1.99 crore, a notable increase from 0.00 crore in the previous two years, but a sharp decline from 49.22 crore in March 2018. The total operating income followed a similar trend, reaching 1.99 crore in March 2025, compared to 0.04 crore in March 2022. However, total expenditure increased to 2.05 crore in March 2025, leading to an operating profit (PBDIT) of -0.06 crore, reflecting a continued struggle with profitability as indicated by negative margins over the years. The profit after tax also remained negative at -0.06 crore in March 2025, consistent with the negative earnings per share of -0.02.

Breakdown:
The financial metrics of IGC Industries reveal a challenging trajectory. The company experienced a drastic decline in sales from 49.22 crore in March 2018 to just 1.99 crore in March 2025, with total operating income similarly dropping from 49.22 crore to 1.99 crore over the same period. Expenditures surged to 2.05 crore in March 2025, contributing to an operating loss of -0.06 crore, which marks a continued decline in profitability from previous years. The profit before tax and profit after tax figures also reflect this trend, remaining negative at -0.06 crore. The company's equity capital increased significantly to 34.72 crore in March 2025 from 2.24 crore in March 2024, while total liabilities rose to 54.54 crore, indicating a growing financial burden. Cash flow from operating activities was negative at -21.00 crore in March 2025, further highlighting the company's financial difficulties.