How has been the historical performance of Pioneer Invest?

Answer:The historical performance of Pioneer Invest shows a mixed trend in financial metrics over the years.

Breakdown:
Pioneer Invest's net sales have shown a gradual increase from INR 31.88 crore in March 2023 to INR 36.20 crore in March 2025, with a notable dip to INR 30.42 crore in March 2021. The total operating income followed a similar pattern, reaching INR 36.20 crore in March 2025. The company's total expenditure, excluding depreciation, has remained relatively stable, increasing slightly from INR 21.25 crore in March 2023 to INR 24.48 crore in March 2025. Operating profit (PBDIT) has fluctuated, peaking at INR 15.32 crore in March 2022 before declining to INR 11.72 crore in March 2025. Profit before tax has also improved significantly, rising from INR 3.59 crore in March 2023 to INR 7.97 crore in March 2025. Consequently, profit after tax has increased from INR 2.06 crore in March 2023 to INR 5.18 crore in March 2025. The company's total liabilities have increased from INR 245.90 crore in March 2023 to INR 448.38 crore in March 2025, while total assets have also risen from INR 245.90 crore to INR 448.38 crore during the same period. Cash flow from operating activities has remained negative, with a cash outflow of INR 24 crore in March 2025, despite a net cash inflow of INR 1 crore for the same period. Overall, Pioneer Invest has shown growth in sales and profits, but challenges remain in cash flow management and increasing liabilities.