How has been the historical performance of the Borana?

Answer:The historical performance of Borana shows a significant improvement in profit before tax over the past three years, increasing from Rs 2.00 crore in March 2022 to Rs 28.00 crore in March 2024. Adjustments also rose from Rs 1.00 crore in March 2022 to Rs 8.00 crore in March 2024. However, changes in working capital have been negative, with values of -11.00 crore in March 2022, -13.00 crore in March 2023, and -10.00 crore in March 2024. Despite this, cash flow after changes in working capital improved from -8.00 crore in March 2022 to 26.00 crore in March 2024. Cash flow from operating activities also showed a positive trend, moving from -8.00 crore in March 2022 to 22.00 crore in March 2024. On the other hand, cash flow from investing activities was negative, increasing from -16.00 crore in March 2022 to -48.00 crore in March 2024, while cash flow from financing activities rose from 24.00 crore in March 2022 to 25.00 crore in March 2024. Throughout these years, the net cash inflow/outflow remained at 0.00 crore, indicating no change in cash and cash equivalents.

Breakdown:
Borana's financial performance has shown notable growth, particularly in profit before tax, which surged from Rs 2.00 crore in March 2022 to Rs 28.00 crore in March 2024, reflecting a strong upward trend. The adjustments made during this period also increased significantly, indicating a more robust financial position. However, the company faced challenges with negative changes in working capital, although the impact on cash flow after these changes was mitigated, resulting in a positive cash flow of 26.00 crore by March 2024. Operating activities contributed positively to cash flow, contrasting with the increasing outflows from investing activities, which escalated to -48.00 crore. Despite these fluctuations, financing activities provided a steady inflow, maintaining a consistent net cash position over the years.