How has been the historical performance of TCM?

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

Breakdown:
TCM's net sales have increased significantly from Mar'20 to Mar'25, rising from 0.92 Cr to 26.01 Cr, although there was a decline from Mar'24's 32.23 Cr. The total operating income followed a similar pattern, peaking at 32.23 Cr in Mar'24 before dropping to 26.01 Cr in Mar'25. The company faced challenges with total expenditure, which reached 28.17 Cr in Mar'25, down from 34.47 Cr in Mar'24. Operating profit, however, showed a recovery, moving from a loss of 3.66 Cr in Mar'23 to a profit of 2.31 Cr in Mar'25, indicating improved operational efficiency. Profit before tax also turned positive in Mar'25 at 1.37 Cr, compared to a loss of 2.25 Cr in Mar'24. The profit after tax reflected this trend, with a profit of 1.40 Cr in Mar'25, recovering from a loss of 2.29 Cr in the previous year. The company's total assets decreased from 83.79 Cr in Mar'24 to 76.40 Cr in Mar'25, while total liabilities also fell from 83.79 Cr to 76.40 Cr in the same period. Cash flow from operating activities was negative at -10.00 Cr in Mar'25, but cash flow from financing activities was positive at 10.00 Cr, indicating reliance on financing to support operations. Overall, TCM's performance reflects a recovery trajectory with improved sales and profitability metrics, despite some challenges in cash flow management.