How has been the historical performance of the Grand Foundry?

Answer:The historical performance of Grand Foundry shows a significant decline in net sales over the years, with figures dropping from Rs 25.57 crore in March 2019 to just Rs 0.02 crore in March 2025. The total operating income followed a similar trend, decreasing from Rs 25.57 crore in March 2019 to Rs 0.02 crore in March 2025. The company has consistently reported negative operating profits, with the operating profit margin excluding other income plummeting to -1450.0% in March 2025, compared to -4.15% in March 2019. The profit before tax also reflects this downward trajectory, moving from a profit of Rs 0.25 crore in March 2020 to a loss of Rs 0.68 crore in March 2025. The net profit has remained negative, reaching -Rs 0.68 crore in March 2025, while the earnings per share have deteriorated to -Rs 0.22. The company's reserves have also worsened, showing a negative reserve of Rs -17.81 crore in March 2025, compared to -11.57 crore in March 2019.

Breakdown:
Grand Foundry's financial performance has been characterized by a steep decline in net sales, which fell from Rs 25.57 crore in March 2019 to a mere Rs 0.02 crore by March 2025. This decline is mirrored in total operating income, which also dropped significantly over the years. The company has faced persistent operating losses, with the operating profit margin excluding other income reaching an alarming -1450.0% in March 2025, indicating severe operational inefficiencies. Profit before tax has consistently been negative, culminating in a loss of Rs 0.68 crore in March 2025, while net profit has similarly deteriorated, reflecting a loss of Rs 0.68 crore. The company's reserves have also declined, showing a negative balance of Rs -17.81 crore, highlighting ongoing financial distress. Overall, Grand Foundry's financial metrics indicate a troubling trend of declining revenues and increasing losses over the years.