How has been the historical performance of the Cosmo Ferrites?

Answer:The historical performance of Cosmo Ferrites shows a declining trend in net sales and profitability over the past few years, culminating in losses in the most recent fiscal year.

Breakdown:
Cosmo Ferrites experienced a decrease in net sales from Rs 107.31 crore in March 2023 to Rs 85.66 crore in March 2025. This decline in total operating income reflects a broader trend, as the company reported a peak of Rs 113.84 crore in March 2022. The total expenditure, excluding depreciation, also decreased from Rs 97.37 crore in March 2023 to Rs 83.43 crore in March 2025, indicating cost management efforts. However, operating profit (PBDIT) fell sharply from Rs 12.55 crore in March 2023 to Rs 3.94 crore in March 2025, leading to a profit before tax of Rs -6.21 crore in March 2025, down from a profit of Rs 3.15 crore in March 2023. Consequently, the profit after tax also turned negative, resulting in a net loss of Rs 5.66 crore in March 2025. The company's total liabilities decreased from Rs 125.35 crore in March 2023 to Rs 119.22 crore in March 2024, while total assets also declined from Rs 125.35 crore to Rs 119.22 crore in the same period. Cash flow from operating activities showed a slight improvement, with Rs 2 crore in March 2024 compared to a negative cash flow in March 2023. Overall, the financial metrics indicate significant challenges for Cosmo Ferrites, particularly in maintaining profitability and managing sales.