How has been the historical performance of Solara Active?
Solara Active's historical performance has been volatile, with net sales declining from INR 1,616.88 crore in March 2021 to INR 1,283.76 crore in March 2025, and operating profit turning negative in March 2024 before recovering slightly. The company experienced significant losses in profitability during this period, particularly in March 2024, but showed signs of recovery by March 2025.
Answer:The historical performance of Solara Active has shown significant fluctuations over the years, particularly in net sales and profitability.Breakdown:
Solara Active's net sales have seen a decline from INR 1,616.88 crore in March 2021 to INR 1,283.76 crore in March 2025, with a notable drop from INR 1,443.81 crore in March 2023. The total operating income followed a similar trend, peaking in March 2021 and decreasing to INR 1,283.76 crore by March 2025. The company's operating profit, which was INR 414.64 crore in March 2021, turned negative in March 2024 at INR -89.81 crore, before recovering slightly to INR 214.60 crore in March 2025. Profit before tax also reflected this volatility, moving from a profit of INR 221.50 crore in March 2021 to a loss of INR 488.42 crore in March 2024, and finally to a marginal profit of INR 0.54 crore in March 2025. The net profit followed a similar trajectory, with a significant loss of INR 566.96 crore in March 2024, recovering to a small profit of INR 0.54 crore in March 2025. The company's total liabilities decreased from INR 2,889.82 crore in March 2022 to INR 2,350.96 crore in March 2024, while total assets also declined from INR 2,889.82 crore to INR 2,350.96 crore in the same period. Cash flow from operating activities showed a positive trend in March 2024 at INR 108 crore, although the overall net cash flow remained stable at INR 0.00.
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