How has been the historical performance of ITI?

Answer:The historical performance of ITI shows significant fluctuations in financial metrics over the years, particularly in net sales, operating profit, and net profit.

Breakdown:
ITI's net sales have seen a substantial increase from Mar'24 to Mar'25, rising from 1,263.63 Cr to 3,616.42 Cr, although this follows a decline from 1,395.45 Cr in Mar'23 and 1,860.73 Cr in Mar'22. Total operating income mirrored this trend, reaching 3,616.42 Cr in Mar'25 after a dip in the previous years. However, total expenditure also surged to 3,676.31 Cr in Mar'25, leading to an operating profit (PBDIT) of -59.89 Cr, an improvement from -319.58 Cr in Mar'24 but a decline from positive figures in earlier years. The profit before tax and profit after tax both remained negative in Mar'25 at -233.15 Cr and -214.89 Cr, respectively, although these figures represent improvements from the previous year. The company's total assets increased to 10,402.30 Cr in Mar'25, up from 9,597.40 Cr in Mar'24, while total liabilities also rose to 10,402.30 Cr. Cash flow from operating activities was negative at -135.00 Cr in Mar'25, contrasting with a positive cash flow of 973.00 Cr in Mar'24, indicating challenges in operational efficiency. Overall, ITI's financial performance reflects a complex landscape of growth in sales but persistent struggles with profitability and cash flow management.