How has been the historical performance of IVP?

Answer:The historical performance of IVP shows a fluctuating trend in key financial metrics over the years.

Breakdown:
IVP's net sales have seen a decline from INR 660.95 crore in March 2023 to INR 538.99 crore in March 2025, with a peak in March 2023. Total operating income followed a similar trend, decreasing from INR 660.95 crore in March 2023 to INR 538.99 crore in March 2025. The raw material cost remained relatively stable, with a slight decrease from INR 546.10 crore in March 2023 to INR 436.16 crore in March 2025. Operating profit (PBDIT) also declined from INR 42.49 crore in March 2023 to INR 28.78 crore in March 2025, reflecting a decrease in operating profit margin from 6.0% to 4.68%. Profit after tax decreased from INR 28.02 crore in March 2023 to INR 11.31 crore in March 2025, resulting in a PAT margin decline from 4.24% to 2.1%. Total assets increased from INR 383.73 crore in March 2023 to INR 347.57 crore in March 2025, while total liabilities also rose from INR 383.73 crore to INR 347.57 crore in the same period. Cash flow from operating activities turned negative in March 2025 at INR -2.00 crore, contrasting with positive cash flows in previous years. Overall, IVP's financial performance indicates challenges in maintaining revenue and profitability, alongside a notable increase in total liabilities.