How has been the historical performance of Pioneer Invest?

Answer:The historical performance of Pioneer Invest shows a fluctuating trend in net sales and profitability over the years, with a notable increase in recent periods.

Breakdown:
Pioneer Invest's net sales have shown a gradual increase from INR 30.42 Cr in Mar'21 to INR 36.20 Cr in Mar'25, with a slight dip in Mar'22 before recovering. The total operating income followed a similar pattern, peaking at INR 42.33 Cr in Mar'20 and then stabilizing around INR 36.20 Cr in Mar'25. Operating profit (PBDIT) excluding other income reached INR 11.72 Cr in Mar'25, up from INR 10.63 Cr in Mar'23, although it was lower than the INR 15.32 Cr recorded in Mar'22. The profit before tax also increased significantly to INR 7.97 Cr in Mar'25 from INR 3.59 Cr in Mar'23, leading to a profit after tax of INR 5.18 Cr in Mar'25, which is a substantial rise from INR 2.06 Cr in Mar'23. The company's total liabilities increased to INR 448.38 Cr in Mar'25 from INR 404.65 Cr in Mar'24, while total assets also rose to INR 448.38 Cr in Mar'25, indicating a balanced growth. Cash flow from operating activities remained negative at INR -24.00 Cr in Mar'25, although the net cash inflow was positive at INR 1.00 Cr, reflecting some improvement in cash management. Overall, Pioneer Invest has demonstrated a recovery in sales and profitability, despite challenges in cash flow management.