How has been the historical performance of Kalyani Forge?

Answer:The historical performance of Kalyani Forge shows fluctuations in key financial metrics over the years, with notable improvements in recent periods. Breakdown: Kalyani Forge's net sales have shown a decline from Mar'23 at 265.84 Cr to Mar'25 at 236.64 Cr, with a slight decrease from Mar'24's 236.79 Cr. Total operating income followed a similar trend, peaking in Mar'23 before declining to 236.64 Cr in Mar'25. The raw material cost increased significantly to 117.76 Cr in Mar'25 from 102.05 Cr in Mar'24, while total expenditure decreased to 212.64 Cr in Mar'25 from 222.93 Cr in Mar'24. Operating profit, excluding other income, rose to 24.00 Cr in Mar'25 from 13.86 Cr in Mar'24, leading to an operating profit margin of 10.14%. Profit before tax improved to 11.60 Cr in Mar'25, up from 5.62 Cr in Mar'24, and profit after tax reached 8.31 Cr, a significant recovery from a loss of 0.18 Cr in Mar'23. The company's total assets increased to 228.41 Cr in Mar'25 from 201.18 Cr in Mar'24, while total liabilities also rose to 228.41 Cr, reflecting a growing debt level of 71.57 Cr. Cash flow from operating activities improved to 21.00 Cr in Mar'25 from 10.00 Cr in Mar'24, indicating a positive trend in cash generation. Overall, Kalyani Forge has shown resilience with improved profitability and asset growth despite challenges in sales revenue.