How has been the historical performance of IGC Industries?

Answer:The historical performance of IGC Industries shows significant fluctuations in financial metrics over the years, with a notable decline in revenue and profitability.

Breakdown:
IGC Industries reported net sales of 1.99 Cr in March 2025, a substantial increase from previous years where sales were either negligible or non-existent, such as 0.00 Cr in March 2024 and March 2023. However, this is a stark contrast to the peak sales of 49.22 Cr in March 2018. The total operating income followed a similar trend, reaching 1.99 Cr in March 2025, compared to 0.00 Cr in the two preceding years. Despite this modest revenue, the company faced total expenditures of 2.05 Cr in March 2025, leading to an operating profit (PBDIT) of -0.06 Cr, indicating ongoing losses that have persisted since March 2019, where the profit was 0.25 Cr. The profit after tax also remained negative at -0.06 Cr in March 2025, reflecting a consistent decline from a profit of 0.01 Cr in March 2019 and 0.03 Cr in March 2018. The company's total liabilities surged to 54.54 Cr in March 2025, up from 10.43 Cr in March 2024, while total assets also increased to 54.54 Cr, indicating a growing financial burden. Cash flow from operating activities showed a significant outflow of -21.00 Cr in March 2025, further emphasizing the company's financial challenges. Overall, IGC Industries has experienced a troubling trend of declining profitability and increasing liabilities, despite a recent uptick in sales.