How has been the historical performance of Parag Milk Foods?

Answer:The historical performance of Parag Milk Foods shows a significant upward trend in net sales and profitability over recent years.

Breakdown:
Parag Milk Foods has experienced a steady increase in net sales, rising from 2,071.75 Cr in March 2022 to 3,432.21 Cr in March 2025. This growth is reflected in the total operating income, which also rose from 2,071.75 Cr in March 2022 to 3,432.21 Cr in March 2025. The raw material costs have increased correspondingly, from 1,849.88 Cr in March 2022 to 2,489.47 Cr in March 2025, while total expenditure (excluding depreciation) rose from 2,510.12 Cr to 3,179.53 Cr in the same period. Operating profit (PBDIT) improved significantly, moving from a loss of 438.37 Cr in March 2022 to a profit of 292.93 Cr in March 2025. Profit before tax also showed a positive trend, increasing from a loss of 522.05 Cr in March 2022 to a profit of 132.59 Cr in March 2025. Consequently, profit after tax turned from a loss of 532.50 Cr in March 2022 to a profit of 118.79 Cr in March 2025. The company’s total assets increased from 1,395.03 Cr in March 2022 to 1,883.11 Cr in March 2024, while total liabilities rose from 1,395.03 Cr to 1,883.11 Cr in the same timeframe. Cash flow from operating activities improved significantly, with a positive cash flow of 99.00 Cr in March 2024 compared to a negative cash flow of 190.00 Cr in March 2023. Overall, Parag Milk Foods has shown a recovery and growth trajectory in its financial performance over the past few years.