How has been the historical performance of Minal Industries?

Answer:Minal Industries has shown significant growth in its historical performance, particularly in net sales, which increased from 26.80 Cr in Mar'23 to 51.12 Cr in Mar'25. This upward trend is evident as the company transitioned from negligible sales in earlier years, such as 0.01 Cr in Mar'16 and 4.04 Cr in Mar'15. Total operating income followed a similar trajectory, reaching 51.12 Cr in Mar'25, up from 26.80 Cr in Mar'23. The raw material costs also rose, reflecting increased production, from 16.72 Cr in Mar'23 to 31.94 Cr in Mar'25. Operating profit, excluding other income, improved significantly, moving from a loss of 0.26 Cr in Mar'23 to a profit of 3.87 Cr in Mar'25. Consequently, profit before tax turned positive at 4.18 Cr in Mar'25, compared to a loss of 1.69 Cr in Mar'24. The net profit also saw a turnaround, achieving 1.51 Cr in Mar'25 after a loss of 2.83 Cr in Mar'24. Earnings per share improved to 0.08 in Mar'25 from -0.15 in Mar'24, indicating a positive shift in profitability.

Breakdown:
The financial performance of Minal Industries has exhibited a remarkable recovery and growth over the years. Starting from negligible sales figures in earlier years, the company achieved net sales of 51.12 Cr in Mar'25, marking a substantial increase from 26.80 Cr in Mar'23. The total operating income mirrored this growth, reaching 51.12 Cr in Mar'25. Despite rising raw material costs, which increased to 31.94 Cr in Mar'25, the company managed to achieve an operating profit of 3.87 Cr, a significant improvement from the previous year's loss. Profit before tax also turned positive at 4.18 Cr, and the net profit reached 1.51 Cr, showcasing a strong recovery from prior losses. The earnings per share reflected this positive trend, rising to 0.08 in Mar'25, indicating a favorable shift in the company's financial health.